| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 75% | 0.2% |
| Shorts | 25% | 25% | -0.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The 200-hour simple moving average provided resistance at 0.6967 for the AUS/USD currency pair during yesterday's trading session. The Aussie versus the Greenback has revealed a new junior descending channel pattern.
As for the near future, it is likely that the exchange rate will make a brief retracement towards a resistance cluster formed by the combination of the 50– and 200-hour SMAs at 0.6964 within this session.
If the resistance cluster holds, the currency exchange rate might continue its downward swing during the following trading session.