AUD/USD maintains same range

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 68% 64% 5.88%
Shorts 32% 36% -12.50%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Buy Sell Sell
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

The second half of Thursday's session was relatively calm for the Australian Dollar, as the pair was fluctuating near the lower boundary of a two-week channel.  

The pair spiked 25 pips early in this session until the strong resistance of the weekly PP and the 200-hour SMA circa 0.7595 sent the pair for another decline. 

The prevalence of the aforementioned channel might mean a soon test of the more dominant descending channel in force since early September. 

The Aussie's movement during the past few days suggest that this scenario might occur, thus pressuring the rate for a movement sideways during the following two sessions. 

By and large, an upside target for today is the 0.7595 area, while the nearest support, apart from the channel line, is provided by the weekly S1 at 0.7553.

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