| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 58% | -5.1% |
| Shorts | 45% | 42% | 6.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
On Tuesday, the Australian Dollar declined by 51 pips or 0.69% against the US Dollar. The currency pair breached a support level formed by the 50– hour simple moving average at 0.7347 during Tuesday's trading session.
All things being equal, the exchange rate could continue to edge lower during the following trading session. The potential target for sellers would be near the 200– hour SMA at 0.7294.
However, the AUD/USD currency exchange rate could encounter a support level at 0.7320 in the shorter term.