AUD/USD expected to make pullback

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs31%39%-24.9%
Shorts69%61%11.4%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)SellNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)BuyBuyBuy
Aggregate

The Australian Dollar skyrocketed by 115 pips or 1.75% against the US Dollar on Tuesday. The currency pair breached the weekly resistance level at 0.6629 during yesterday's trading session.

As for the near future, the AUD/USD exchange rate is expected to make a pullback towards the 50– hour simple moving average at 0.6589 during the following trading session.

However, the weekly R1 at 0.6629 could provide support for the currency exchange rate within this session.

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