AUD/USD moving towards target

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 50% 56% -12.00%
Shorts 50% 44% 12.00%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Sell Neutral
Alligator (13; 8; 5) Buy Sell Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

The AUD/USD currency pair remained downwards tended on Tuesday after it reversed from the weekly pivot point at 0.7481. By the middle of the day, the pair breached the 55-hour simple moving average.

It seems that the exchange rate might still edge lower in this session, with the limit being the bottom boundary of an ascending trendline and the 100-hour SMA located near the 0.7419 mark.

In regards to the near future, it is likely that the AUD/USD currency exchange rate make a U-turn at 0.749 which is a support set by the 100-hour SMA.

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