AUD/USD decline likely to continue

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs71%72%-1.2%
Shorts29%28%3.1%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)BuyNeutralNeutral
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellSellSell
SAR(0.02;0.2)SellSellSell
Aggregate⇘⇘⇘

[ANNOUNCE]The Australian Dollar depreciated about 35 base points against the US Dollar on Thursday. The currency pair maintained the junior descending channel pattern during yesterday's trading session.[/ANNOUNCE]

Given that the 50-, 100– and 200-hour SMAs are located above the price level, most likely, the exchange rate will continue its downward momentum during the following trading session.

Although, a support level formed by the weekly S2 at 0.6890 could provide support for the currency exchange rate today.

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