Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 52% | 52% | -0.9% |
Shorts | 48% | 48% | 1.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Buy | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇗ | ⇘ |
The Australian Dollar appreciated about 0.55% in value against the US Dollar on Tuesday. The surge was stopped by a resistance level formed by the 100– hour simple moving average at 0.6865 during yesterday's trading session.
Wednesday's trading session began with bearish momentum. As a result, a breakout occurred through the lower boundary of a dominant ascending channel pattern at 0.6845.
Given that a breakout had occurred, the AUD/USD currency exchange rate will most likely target a support level set by the weekly S2 at 0.6812 during the following trading session.