| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 36% | 40% | -11.6% |
| Shorts | 64% | 60% | 6.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Australian Dollar has surged by 57 pips or 0.88% against the US Dollar since Friday's trading session. The currency pair tested April 30 swing high at 0.6560 during the Asian session on Monday.
Everything being equal, the AUD/USD exchange rate could make a brief pullback towards the 50– hour simple moving average at 0.6507 during the following trading session.
However, technical indicators suggest on the 4(H) time-frame that bullish traders would continue to pressure the currency exchange rate higher within Monday's session.