| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 72% | -0.8% |
| Shorts | 29% | 28% | 2.0% |
| 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 has depreciated about 52 base points against the US Dollar since yesterday's trading session. The currency pair was guided by a junior descending channel pattern.
The exchange rate is gradually moving towards a support level formed by the weekly S3 at 0.6914.
If the AUD/USD pair passes the support level, bearish traders could aim for a swing low at 0.6905 today.
Although, if the weekly S3 holds, a potential upside reversal could occur during the following trading session.