AUD/USD temporary retracement

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

Positions Today Yesterday % Change
Longs 37% 35% 5.41%
Shorts 63% 65% -3.17%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Buy
RSI (14) Neutral Sell Neutral
Stochastic (5; 3; 3) Sell Sell Sell
Alligator (13; 8; 5) Buy Buy Buy
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

The Australian Dollar continues to be gaining strength against the US Dollar. By the end of Friday's trading session, a new high was formed. The pair has been moving in a systematic way since the beginning of January. 

The currency exchange rate has continued its bullish path, and the pair is moving in an ascending order inside the dominant channel. 

In regards to the next trading session, the pair is likely to retrace to the south and find support at the weekly PP level at 0.8069. The combination of the 55—hour, 100—hour and 200—hour SMAs levels at 0.8059 and 0.8027 might stop the movement south and force a U-turn north.

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