AUD/USD moving to speculated target at 0.78

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

Positions Today Yesterday % Change
Longs 57% 52% 8.77%
Shorts 43% 48% -11.63%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Neutral Neutral Sell
Stochastic (5; 3; 3) Sell Neutral Sell
Alligator (13; 8; 5) Sell Neutral Buy
SAR (0.02; 0.2) Buy Sell Buy
Aggregate
As expected, the Australian Dollar continued to decline against the US Dollar. However, the pair rally some points by the middle of Tuesday's trading session. 

The AUD/USD pair managed to breach the upper boundary of the dashed line but the surge was stopped by the strong resistance of the monthly pivot point and the 55—hour simple moving average near the 0.7898 mark. 

Everything being equal, the pair is likely to continue moving south to a speculated target at the weekly S2 at 0.7788.

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