| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 30% | 29% | 3.2% |
| Shorts | 70% | 71% | -1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
[ANNOUNCE]The Australian Dollar surged by 42 pips or 0.55% against the US Dollar on Friday. The currency pair breached the 50– hour simple moving average at 0.7740 during Friday's trading session.
[/ANNOUNCE]
Currently, the exchange rate is trading near the upper boundary of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a surge towards the weekly R2 at 0.7847 could be expected within this session.
However, if the channel pattern holds, the currency exchange rate would make a brief pullback towards the weekly PP at 0.7727 today.