| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 66% | 7.6% |
| Shorts | 29% | 34% | -18.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The Australian Dollar has surged by 190 basis points or 3.17% against the US Dollar since Monday's trading session. A breakout occurred through the upper boundary of a descending channel pattern on Tuesday morning.
Given that a breakout had occurred, the AUD/USD currency exchange rate will most likely continue to trade bullish until it reaches the weekly resistance level at the 0.6293 area.
A possible decline could happen from the weekly R2 at 0.6293 within the following trading session.