Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 71% | 3.4% |
Shorts | 26% | 29% | -9.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Buy |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇒ | ⇘ |
Since yesterday's trading session, the Australian Dollar has declined by 51 pips or 0.77% in value against the US Dollar. The currency pair was pressured lower by the 50– hour simple moving average.
Currently, the exchange rate is testing a support cluster formed by the weekly S1 and the monthly S1 at the 0.6561 regions.
If the support cluster holds, the AUD/USD pair could make a slight upward movement within this session.
However, if the currency exchange rate breaks the cluster, the next target for bearish traders would be at the 0.6540 area.