| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 27% | 6.1% |
| Shorts | 71% | 73% | -2.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
[ANNOUNCE]The Australian Dollar surged by 39 pips or 0.53% against the US Dollar on Tuesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
[/ANNOUNCE]
Most likely, the exchange rate could continue to edge higher in an ascending channel pattern within the following trading session. The potential target for the AUD/USD pair would be near the weekly resistance level at 0.7429.
However, given that the currency exchange rate is currently trading near the lower boundary of the channel pattern, a breakout could occur during the following trading session.