AUD/USD could make pullback - Technical Analysis - Dukascopy Bank
Fri, 26 Mar 2021 07:27:16 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
63%
61%
2.8%
Shorts
37%
39%
-4.7%
Indicator
4H
1D
1W
MACD(12;26;9)
Sell
Sell
Buy
RSI(14)
Buy
Neutral
Neutral
Stochastic(5;3;3)
Buy
Buy
Neutral
Alligator(13;8;5)
Sell
Sell
Buy
SAR(0.02;0.2)
Sell
Sell
Sell
Aggregate
⇒
⇘
⇒
The Australian Dollar declined 31 pips or 0.41% against the US Dollar on Thursday. The currency pair breached the weekly support level at 0.7611 during yesterday's trading session.
The AUD/USD exchange rate is likely to make a brief pullback towards a resistance level at 0.7674 during the following trading session.
However, if the currency exchange rate breaks a support line formed by the 50– hour simple moving average at 0.7597, bearish traders could target the 0.7520 level within this session.
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