| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 70% | 1.3% |
| Shorts | 29% | 30% | -3.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Australian Dollar has depreciated about 1.34% in value against the US Dollar since the beginning of May. The currency pair was pressured south by the 50-hour simple moving average.
As for the near future, it is likely that bullish traders would aim for a resistance level formed by the 100-hour SMA at 0.7022.
However, a resistance level set by the 50-hour SMA at 0.7002 could hinder such movement within this session.
Meanwhile, technical indicators suggest that bears could drive the currency exchange rate down today.