| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 68% | 2.9% |
| Shorts | 30% | 32% | -6.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Australian Dollar appreciated about 50 base points against the US Dollar on Friday. The currency pair tested the 50-hour simple moving average at 0.7042 during Friday's trading session.
A breakout occurred through the upper boundary of a descending channel pattern during the first half of Monday's trading session.
Given that a breakout had occurred, it is likely that the currency exchange rate could aim at a resistance level formed by the 200-hour simple moving average at 0.7078 within this session.
However, technical indicators demonstrate that a decline could be expected during the following trading session.