AUD/USD stranded between SMAs

Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs72%74%-2.2%
Shorts28%26%5.7%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)NeutralSellSell
SAR(0.02;0.2)BuySellSell
Aggregate

The Australian Dollar depreciated about 40 basis points against the US Dollar on Friday. The currency pair is currently stranded between the simple moving averages.

The 100-hour SMA was providing support for the pair at 0.6780, while the 50– and 200– hour SMAs are providing resistance for the rate during the morning hours of today's trading session.

Everything being equal, it is likely that the exchange rate will aim for the weekly S1 at 0.6703 during the following trading session.

However, a support cluster near the 0.6759 could provide support for the currency exchange rate today.

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