AUD/USD targets at 0.6907

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs69%73%-4.7%
Shorts31%27%10.6%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)SellNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyNeutralSell
SAR(0.02;0.2)BuyBuySell
Aggregate

The Australian Dollar has appreciated about 2.54% in value against the US Dollar since September 3. The currency pair tested a one-month high level at 0.6861 during Friday's trading session.

As for the near future, the AUD/USD exchange rate will most likely continue its upside movement until it reaches a resistance level formed by the weekly R1 at 0.6907.

If the resistance level holds, a brief retracement towards the monthly R1 at 0.6842 could be expected in the shorter term.

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