| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 63% | 63% | 0.5% |
| Shorts | 37% | 37% | -0.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Australian Dollar declined by 72 pips or 0.94% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
All things being equal, the AUD/USD currency exchange rate could continue to edge lower during the following trading session. Sellers are likely to target the weekly support level at 0.7540.
A potential upside reversal could occur from the weekly S1 at 0.7540 within this session.