AUD/USD targets at 0.6741

Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs74%71%3.3%
Shorts26%29%-9.1%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellSellSell
SAR(0.02;0.2)SellBuySell
Aggregate

The Australian Dollar has depreciated about 0.44% in value against the US Dollar since yesterday's trading session. The currency pair breached the monthly S1 at 0.6759 on Thursday.

As for the near future, most likely, the AUD/USD exchange rate might continue to trade south. The potential target for the pair will be near a support level formed by the weekly S1 at 0.6741.

If the support level holds, bullish momentum might come into play during the following trading session.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.