AUD/USD breaches SMAs

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

Positions Today Yesterday % Change
Longs 54% 56% -3.70%
Shorts 46% 44% 4.35%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Buy Sell Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

The Australian Dollar continues its journey in an ascending channel against the US Dollar. By the end of trading session on Monday, the currency pair has breached the weekly resistance level at 0.7423. 

During the first part of Tuesday's session, the exchange rate made a brief retracement south. However, the pair has breached both the 55-, 100-, and 200-hour simple moving averages.

As for the near future, it is expected that the AUD/USD currency exchange rate continue moving in the uptrend channel during the following trading sessions.

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