AUD/USD breakout occurs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs72%72%-0.6%
Shorts28%28%1.6%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇗⇒

[ANNOUNCE]The Australian Dollar has depreciated about 32 basis points against the US Dollar since Friday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern during the morning hours of Monday's trading session.[/ANNOUNCE]

Given that a breakout had occurred, the AUD/USD exchange rate is likely to continue trading south in the shorter term. Bears might drive the price towards the 200– hour simple moving average at 0.6808.

However, a support cluster formed by the monthly and weekly pivot points at 0.6813 could provide support for the currency exchange rate today.

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