| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 33% | -12.3% |
| Shorts | 71% | 67% | 5.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Australian Dollar edged higher by 87 points or 1.13% against the US Dollar on Tuesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
All things being equal, the AUD/USD exchange rate could continue to trend higher during the following trading session. Bullish traders are likely to target the 0.7820 level.
However, a resistance level at the 0.7800 area could provide resistance for the currency exchange rate within this session.