| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 71% | 0.1% |
| Shorts | 29% | 29% | -0.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Australian Dollar has been guided lower against the US Dollar by the 50-hour simple moving average. The currency pair reached a three-week low at 0.6907 during the Asian session on Monday.
Currently, the exchange rate is trading near a support level formed by the monthly S1 at 0.6895.
If the support level holds, a potential upside reversal could occur during the following trading session.
However, technical indicators suggest that the currency exchange rate might break the monthly support level today.