| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 72% | -0.6% |
| Shorts | 28% | 28% | 1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
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.
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.