Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 60% | 55% | 8.1% |
Shorts | 40% | 45% | -12.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇗ | ⇘ |
The AUD/USD currency pair reached the previously set target at 0.7040 at the end of yesterday's trading session.
As for the near future, the exchange rate is expected to make a retracement towards the 50– hour simple moving average at 0.7012. In addition, the pair could find support near the 50– and 100-hour SMAs.
If the support level holds, the currency exchange rate could continue its upside movement during the following trading session.
However, if the pair passes the support line, a decline towards the bottom border of an ascending channel pattern could be expected.