| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 34% | 37% | -9.7% |
| Shorts | 66% | 63% | 5.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Australian Dollar surged by 57 basis points or 0.88% against the US Dollar on Wednesday. The currency pair was guided higher by the 50– hour simple moving average during yesterday's trading session.
Most likely, the AUD/USD exchange rate might make a brief pullback towards the previous weekly resistance that can act as a support at 0.6502 during the following trading session.
A potential upside reversal could occur from the support level at 0.6502 within this session.
Meanwhile, technical indicators suggest buying signals on the 4(H) time frame chart.