Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 75% | 74% | 0.7% |
Shorts | 25% | 26% | -2.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
The Australian Dollar traded in a horizontal line against the US Dollar on Tuesday. The currency pair made about 17 base points movement during yesterday's trading session.
A breakout occurred through the lower boundary of an ascending channel pattern at 0.6924 during the morning hours of today's trading session.
Given that a breakout had occurred, it is likely that the AUD/USD currency exchange rate will aim for the 200-hour simple moving average at o.6902 within this session.
However, a support level formed by the weekly pivot point at 0.6909 could hinder such movement.