| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 62% | 67% | -8.4% |
| Shorts | 38% | 33% | 13.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
The Australian Dollar has appreciated about 47 basis points against the US Dollar since yesterday's trading session. A breakout occurred through the upper boundary of a narrow descending channel pattern on Monday.
The AUD/USD currency pair will most likely continue to edge higher within this session. The potential target for bullish traders would be at a psychological resistance level at 0.6900.
However, note that the currency exchange rate will have to surpass a resistance cluster formed by the weekly R1 and the monthly R1 at 0.6866 before reaching the given target.