| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 66% | 7.6% |
| Shorts | 29% | 34% | -18.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The Australian Dollar declined by 88 pips or 1.45% in value against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.
Currently, the exchange rate is testing a resistance level formed by the 50– hour SMA at 0.6039.
If the resistance level holds, the AUD/USD pair would continue to decline within this session.
However, if the currency exchange rate breaks the 50– hour SMA, a surge towards the 0.6100 could be expected today.