| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 72% | 3.3% |
| Shorts | 25% | 28% | -9.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Australian Dollar depreciated by about 40 base points against the US Dollar on Friday. The currency pair breached the 200-hour simple moving average at 0.7091 during Friday's trading session.
Today's session began with an upside sentiment, and by the middle of the trading hours, the exchange rate has breached a counter trendline.
Given that a counter trendline break had occurred, it is likely that the currency exchange rate could aim for a resistance cluster formed by the 50– and 100-hour SMAs and the weekly PP at 0.7102.
However, a resistance line, formed by the 200-hour simple moving average at 0.7091 could hinder such movement today.