Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 71% | 2.7% |
Shorts | 27% | 29% | -7.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Buy | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇘ | ⇒ |
The Australian Dollar depreciated about 33 base points against the US Dollar on Tuesday. The currency pair was pressured down by the 50-hour simple moving average during yesterday's trading session.
As for the near future, it is likely that the Aussie will continue its southern movement against the Greenback. Bears could target a support cluster at 0.6864 in the shorter term.
However, the AUD/USD currency exchange rate is expected to aim for a re-test of the resistance cluster formed by the combination of the weekly, the monthly PPs and the 50-hour SMA at 0.6950 today.