| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 73% | -3.4% |
| Shorts | 29% | 27% | 8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Australian Dollar appreciated about 60 base points against the US Dollar on Monday. The currency pair dashed through both the 50-, 100– and 200– hour SMAs during Monday's trading session.
The exchange rate is gradually moving towards a resistance cluster formed by the weekly and the monthly pivot points at 0.7147.
If the resistance cluster holds, a reversal down could be expected within this session.
However, if the currency exchange rate passes the resistance cluster, the next target for bullish traders will be near a swing high of 0.7169.