| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 31% | 2.2% |
| Shorts | 68% | 69% | -1.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The Australian Dollar has declined by 73 basis points or 1.06% against the US Dollar on Wednesday.
Currently, the exchange rate is trading near a resistance cluster formed by the 50– and 100– hour SMAs near the 0.6892 area.
If the resistance cluster holds, a breakout could occur through the lower boundary of the ascending channel pattern.
However, if the AUD/USD pair breaks the 50– and 100– hour SMAs, bullish traders could pressure the price higher during the following trading session.