| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 72% | 0.4% |
| Shorts | 28% | 28% | -0.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
[ANNOUNCE]The Australian Dollar depreciated about 71 base points against the US Dollar on Thursday. The 50– hour simple moving average pressured the currency pair south during the following trading session.[/ANNOUNCE]
The exchange rate is currently trading near the bottom border of a descending channel pattern at 0.6804.
Given that the pair is trading near the bottom border of the descending channel, a breakout is likely to occur within this session.
However, if the descending channel pattern holds, a surge towards a resistance level formed by the 50-hour SMA at 0.6847 today.