| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 56% | -11.5% |
| Shorts | 50% | 44% | 11.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
A breakout through the lower boundary of a descending channel pattern occurred during the morning hours of today's trading session.
Given that a breakout had occurred, it is likely that the Australian Dollar could continue to lose ground against the US Dollar within this session. The currency pair might target a support cluster formed by the weekly pivot point and the combination of the 100– and 200-hour SMAs at 0.6989 today.
However, the 50-hour simple moving average at 0.7024 could provide support for the currency exchange rate during the following trading session.