AUD/USD bears market

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

Positions Today Yesterday % Change
Longs 67% 66% 1.49%
Shorts 33% 34% -3.03%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Buy Neutral
Stochastic (5; 3; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Sell Sell Sell
Aggregate

The previous expectations for the AUD/USD currency pair have been fulfilled. The pair continued to depreciate throughout Wednesday's session and also breached the monthly S2  at 0.7336. However, the Australian Dollar has stopped its decline against the US Dollar after tested the pivot point.

By the middle of Thursday's trading session, bulls started showing their presence in the market, as the exchange rate began making an upside movement toward the 55-hour simple moving average. 

Everything being equal, the pair is likely to plummets further downward toward the lower boundary of a downtrend channel today.

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