| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 70% | 2.5% |
| Shorts | 28% | 30% | -6.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
[ANNOUNCE]On August 24, the Australian Dollar surged by 68 pips or 0.94% against the US Dollar. The currency pair breached the 200– hour simple moving average during yesterday's trading session.[/ANNOUNCE]
As for the near future, the exchange rate could continue to edge higher in a descending channel pattern. Bullish traders are likely to target the 0.7320 level within this session.
However, the AUD/USD currency exchange rate might encounter resistance near the 0.7269 area during the following trading session.