Positions | Today | Yesterday | % Change | |
Longs | 36% | 43% | -19.44% | |
Shorts | 64% | 57% | 10.94% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
There are two notable developments on the AUD/USD currency exchange rate's charts.
First is the fact that the pair broke past the upper trend line of a dominant ascending channel pattern. Although, after two hours of fluctuating above the trend line, the currency pair retreated back below the level of significance.
Secondly, the retreat passed the previously drawn medium patterns support line. However, the decline was stopped by the 100-hour simple moving average. In addition, that rebound point provided a point of reference for adjusting the pattern.
Regarding the near future, the pair will target the 0.8020 mark again.