AUD/USD potential target at 0.7700

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs54%38%29.2%
Shorts46%62%-34.7%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyNeutralBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

During the first half of Wednesday's trading session, the Australian Dollar declined by 51 pips or 0.65% against the US Dollar. However, the currency pair regained the lost points at the end of the day.

The 50– and 200– hour SMAs pressured the exchange rate lower during the morning hours on Thursday. Sellers are likely to target the 0.7700 level during the following trading session.

Though, a support level at 0.7718 might provide support for the AUD/USD currency exchange rate today.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.