| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 74% | -0.5% |
| Shorts | 26% | 26% | 1.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The Australian Dollar declined by 60 basis points or 0.91% in value against the US Dollar. The currency pair breached a support cluster formed by the monthly S1 and the weekly S1 at 0.6571 during yesterday's trading session.
The exchange rate is currently trading near the lower boundary of a descending channel pattern at 06562. A breakout could occur within the following trading session.
However, if the descending channel holds, the AUD/USD currency exchange rate could make a slight upward movement and the potential target will be at the 100– hour simple moving average at 0.6593 during the following trading session.