| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 74% | -5.2% |
| Shorts | 29% | 26% | 12.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
[ANNOUNCE]The Australian Dollar surged by 171 basis points or 2.85% in value against the US Dollar on Friday. The currency pair was guided by 50– hour simple moving average during Friday's trading session. [/ANNOUNCE]
All things being equal, the exchange rate will most likely continue to edge higher in the ascending channel pattern. The potential target will be near a resistance cluster at the 0.6400 area.
Although, a resistance line, formed by the monthly S1 at 0.6230 could provide resistance for the currency exchange rate within this session.