| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 52% | 55% | -6.0% |
| Shorts | 48% | 45% | 6.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
On Wednesday, the Australian Dollar rose by 62 pips or 0.85% against the US Dollar. The AUD/USD currency pair lingered below the 0.7400 level during Wednesday's trading session.
As for the near future, the exchange rate could continue to edge higher. A breakout through the upper boundary of an ascending channel pattern could occur within this session.
However, if the channel pattern holds, a decline towards the 0.7340 area could be expected during the following trading session.