| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 53% | -6.9% |
| Shorts | 50% | 47% | 6.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
[ANNOUNCE]Australian Dollar has surged by 72 pips or 0.98% against the US Dollar since Monday's trading session. The currency pair breached the resistance level formed by the 50– hour simple moving average at 0.7413 on Tuesday morning.[/ANNOUNCE]
Currently, the exchange rate is trading near the upper line of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a surge towards the 0.7500 level could be expected within this session.
However, if the channel pattern holds, the currency exchange rate could make a brief pullback towards the 0.7420 area today.