| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 71% | 5.7% |
| Shorts | 25% | 29% | -17.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
During Friday's trading session, the Australian Dollar depreciated about 0.32% in value against the US Dollar. The 50– hour simple moving average pressured the currency pair south on Friday.
The exchange rate is currently trading near the upper boundary of a descending channel pattern at 0.6796.
Given that the pair is near the border of the channel pattern, a breakout could occur within this session.
However, if the descending channel pattern holds, a brief downward movement could follow in the shorter term.