AUD/USD gradually moving north

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 71% 70% 1.41%
Shorts 29% 30% -3.45%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Buy Neutral
Stochastic (5; 3; 3) Neutral Buy Buy
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate

The Australian Dollar remained stable and slowly moving north against the Greenback. The currency pair has breached the upper boundary of a junior descending pattern.


By the middle of Thursday's trading session, a strong support cluster set by the combination of the monthly and the weekly PPs near the 0.7514 mark has helped in pushing the rate upward.

Meanwhile, in terms of the upside potential, the AUD/USD currency exchange rate could target a resistance level formed by the 200– hour simple moving average at the 0.7559 area during the following trading session.

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