| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 75% | -4.5% |
| Shorts | 28% | 25% | 11.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇑ | ⇘ |
The Australian Dollar maintained the junior descending channel pattern against the US Dollar on Wednesday. The currency pair traded near the bottom border of a descending channel pattern.
The exchange rate could make an upside reversal from a support cluster formed by the combination of the weekly and the monthly support levels at 0.6955 within this session.
If the AUD/USD currency exchange rate breaks this support lines, the next target for bearish traders would be at the 0.6940 area.