| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 51% | 50% | 2.4% |
| Shorts | 49% | 50% | -2.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇘ |
The Australian Dollar has depreciated about 0.75% in value against the US Dollar since Friday's trading session. The currency pair tested the lower boundary of a descending channel pattern at 0.6840 on Friday.
Currently, the exchange rate is trading near the bottom border of the channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards a support cluster formed by the combination of the monthly pivot point and the weekly S1 at 0.6826 could occur.
However, if the channel pattern holds, a brief upside reversal could be expected in the shorter term.