Positions | Today | Yesterday | % Change | |
Longs | 74% | 60% | 18.92% | |
Shorts | 26% | 40% | -53.85% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇘ | ⇘ | ⇘ |
As the US Dollar has kept appreciating the AUD/USD is no exception to the phenomenon. On Monday it could be seen that the rate was going down in a junior, narrow descending pattern.
The pattern was set to guide the rate down to the 0.7620 level, where various support levels are located. Namely, a monthly and a weekly support levels are located at that level together with the lower trend line of a dominant long term pattern.
It was expected that the rate could reach the support level by the middle of Monday's trading session in GMT time zone.