| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 48% | 50% | -5.7% |
| Shorts | 52% | 50% | 5.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]Australia's currency declined by 93 basis points or 1.30% against the US Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7100 during yesterday's trading session.[/ANNOUNCE]
The exchange rate rebounded from the lower line of the channel pattern on Wednesday morning. Most likely, bullish traders could target the 50- and 100– hour SMAs near the 0.7165 level within this session.
However, technical indicators suggest that the currency exchange rate could continue to edge lower during the following trading session.