| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 48% | 41% | 15.9% |
| Shorts | 52% | 59% | -14.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Australian Dollar surged by 63 basis points or 0.99% against the US Dollar on Thursday. The currency pair tested the 200– hour simple moving average at 0.6469 during Thursday's session.
Everything being equal, the AUD/USD exchange rate is likely to maintain the descending channel pattern. A decline towards the weekly support level at 0.6419 could be expected today.
However, given that the currency exchange rate is currently trading near the upper line of the descending channel, a breakout may occur during the following trading session.