AUD/USD could make pullback - Technical Analysis - Dukascopy Bank
Tue, 16 Feb 2021 07:57:19 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
32%
30%
7.3%
Shorts
68%
70%
-3.5%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Sell
Neutral
Sell
Stochastic(5;3;3)
Neutral
Sell
Neutral
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Buy
Aggregate
⇗
⇗
⇗
Australia's currency surged by 31 pips or 0.39% against the US Dollar on Monday. The currency pair tested the upper line of an ascending channel pattern at 0.7803 during Tuesday's trading session.
The exchange rate will most likely make a brief pullback towards the weekly pivot point at 0.7727 during the following trading session.
However, the 50– hour simple moving average at 0.7767 could provide support for the AUD/USD currency exchange rate within this session.
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