| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The AUD/USD currency pair has been trading upwards since the middle of June when the pair reversed north from the lower boundary of the medium-term descending channel at 0.9360.
Currently, the pair is trading ar the 0.9540 mark. It is expected, that the exchange rate could reach the upper channel line located circa 0.9600 in the nearest future. If the given channel holds, a reversal south could follow.
Otherwise, it is likely, that the rate could maintain its growth. A possible upside target is the upper boundary of the long-term descending channel located in the 0.9650/0.9750 range. Important level to look out for is the monthly R3 at 0.9698.