AUD/USD breakout occurs - Technical Analysis - Dukascopy Bank
Fri, 09 Apr 2021 06:22:30 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
58%
59%
-1.8%
Shorts
42%
41%
2.5%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Sell
Buy
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Buy
Neutral
Neutral
Alligator(13;8;5)
Neutral
Sell
Buy
SAR(0.02;0.2)
Sell
Sell
Sell
Aggregate
⇒
⇘
⇒
The Australian Dollar rose by 54 pips or 0.71% against the US Dollar on Thursday. The surge was stopped by a resistance line at the 0.7660 level during yesterday's trading session.
The AUD/USD exchange rate reversed from the 0.7660 area during the Asian session on Friday. A breakout occurs through the lower boundary of an ascending channel pattern.
However, a support level at 0.7606 could provide support for the currency exchange rate within this session.
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