AUD/USD buying signals

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs26%27%-3.5%
Shorts74%73%1.2%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellSell
Stochastic(5;3;3)SellSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇒⇒

[ANNOUNCE]The Australian Dollar surged by 68 points or 0.88% against the US Dollar on Wednesday. The currency pair tested the upper line of an ascending channel pattern at 0.7820 during Wednesday's trading session.[/ANNOUNCE]

As for the near future, the exchange rate could continue to edge higher during the following trading session. The potential target for bullish traders would be near the weekly R2 at 0.7848.

However, if the AUD/USD currency exchange rate breaks a support cluster at the 0.7770 level, a decline towards the 0.7700 area could be expected during the following trading session.

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