Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 72% | 1.7% |
Shorts | 27% | 28% | -4.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇘ | ⇘ |
The Australian Dollar appreciated about 54 base points against the US Dollar on Thursday. The currency pair breached the 50.00% Fibonacci retracement level at the end of yesterday's trading session.
Everything being equal, it is likely that the AUD/USD currency pair could make a pullback towards a support cluster formed by the 50– and 200-hour SMAs at 0.6901 within this session.
If this support cluster holds, bulls are likely to push the currency exchange rate towards the 61.8% at 0.6955 Fibonacci retracement level during the following trading session.