| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 32% | -2.8% |
| Shorts | 69% | 68% | 1.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
[ANNOUNCE]The Australian Dollar has surged by 63 basis points or 0.91% against the US Dollar since Friday's trading session. The currency pair tested the weekly resistance level at 0.6978 on Monday morning. [/ANNOUNCE]
If the weekly R1 at 0.6979 holds, bearish traders could pressure the exchange rate lower towards the 0.6940 level during the following trading session.
However, if the AUD/USD currency exchange rate breaks the weekly resistance level, a surge towards the 0.7000 area could be expected within the following trading session.