| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 73% | -2.9% |
| Shorts | 29% | 27% | 7.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Bearish sentiment has dominated the Australian Dollar lower against the US Dollar since Wednesday's trading session. The currency pair has declined by 75 basis points or 1.11% in value during this period.
As for the near future, bearish momentum will most likely continue to pressure the exchange rate lower. The potential target will be near a psychological level at the 0.6600 marks.
Although, the AUD/USD currency exchange rate could make an upside reversal from the weekly S2 at 0.6623 within the following trading session.