| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 74% | -2.4% |
| Shorts | 28% | 26% | 6.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The Australian Dollar appreciated about 52 base points against the US Dollar on Friday. The exchange rate dashed through the 200-hour simple moving average during Friday's trading session.
The currency pair has revealed a new junior ascending channel pattern, which has guided the rate higher.
If the resistance level formed by the upper border of the pattern holds, a reversal south could occur within this session.
Although, if the rate passes the resistance level, the next target for bullish traders will be near the 0.7050 mark.