AUD/USD remains near 0.6050

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs71%66%7.6%
Shorts29%34%-18.8%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralBuy
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellSellSell
SAR(0.02;0.2)SellBuySell
Aggregate⇘⇒⇘

[ANNOUNCE]The Australian Dollar declined by 88 pips or 1.45% in value against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session. [/ANNOUNCE]

Currently, the exchange rate is testing a resistance level formed by the 50– hour SMA at 0.6039.

If the resistance level holds, the AUD/USD pair would continue to decline within this session.

However, if the currency exchange rate breaks the 50– hour SMA, a surge towards the 0.6100 could be expected today.

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