| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 72% | 0.3% |
| Shorts | 27% | 28% | -0.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
[ANNOUNCE]The Australian Dollar surged by 51 pips or 0.77% in value against the US Dollar on Friday. The currency pair tested the 50– hour simple moving average during Friday's trading session. [/ANNOUNCE]
After the exchange rate breached the 50– hour SMA, the AUD/USD pair made a U-turn down. The pair is currently approaching the monthly support level at 0.6571.
If the monthly S1 holds, the currency exchange rate will likely make a brief upward retracement towards the 0.6647 regions.
However, if the pair breaks the monthly support level, the next target for bearish traders would be at the 0.6540 area.