AUD/USD surges after US Federal Reserve meeting

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs74%72%3.0%
Shorts26%28%-8.7%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)SellNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyNeutralSell
SAR(0.02;0.2)BuyBuyBuy
Aggregate

Upside risks dominated the Australian Dollar versus the US Dollar on Wednesday. The currency pair has gained about 1.58% in value since Wednesday's trading session.

Most likely, downside sentiment might be introduced in the market within this session. The possible targets for bearish traders will be near a support cluster formed by the combination of the 50– and 100-hour SMAs at 0.7105.

However, technical indicators suggest otherwise on the 4(H) chart. The sentiment demonstrates that the surge could continue during the following trading session.

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