AUD/USD targets at 0.6901

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs73%72%1.7%
Shorts27%28%-4.7%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuySellSell
Aggregate

The Australian Dollar appreciated about 54 base points against the US Dollar on Thursday. The currency pair breached the 50.00% Fibonacci retracement level at the end of yesterday's trading session.

Everything being equal, it is likely that the AUD/USD currency pair could make a pullback towards a support cluster formed by the 50– and 200-hour SMAs at 0.6901 within this session.

If this support cluster holds, bulls are likely to push the currency exchange rate towards the 61.8% at 0.6955 Fibonacci retracement level during the following trading session.

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