AUD/USD breaks three-week highs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs53%57%-6.6%
Shorts47%43%7.5%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)BuySellBuy
SAR(0.02;0.2)BuyBuySell
Aggregate

The Australian Dollar surged by 101 pips or 1.32% against the US Dollar on Wednesday. The currency pair breached a three-week resistance level at 0.7666 during yesterday's trading session.

All things being equal, the exchange rate could continue to edge higher during the following trading session. The potential target for the AUD/USD pair will be near the 0.7800 level.

However, a resistance line at 0.7740 could provide resistance for the currency exchange rate within this session.

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