| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 73% | 2.7% |
| Shorts | 25% | 27% | -8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Australian Dollar depreciated about 54 base points against the US Dollar on Monday. The decline was stopped by a support level formed by the 200-hour SMA at 0.6962.
The exchange rate broke the 200-hour simple moving average during the morning hours of today's trading session.
Given that the three SMAs are above the price level, it is likely that the AUD/USD currency pair will continue its decline during the following trading session.
However, a support cluster formed by the lower boundary of an ascending channel and the weekly S1 at 0.6947 could hinder bears from pushing the currency exchange rate further south today.