Positions | Today | Yesterday | % Change | |
Longs | 61% | 62% | -1.64% | |
Shorts | 39% | 38% | 2.56% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Neutral | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇒ | ⇓ |
The Australian Dollar extended its surge against the Greenback, as it was expected during the middle of Monday. However, the surge continued even further than expected, as the junior channel down pattern's upper trend line was shortly passed.
At the middle of Tuesday's trading session the pair had reached a significant level, as it was located at a very important support cluster located t the 0.7660 mark.
If the cluster, made up of various support levels, including the lower trend line of the medium sized pattern, the rate would begin a downfalls down a slow as the 0.7615 mark. At that level the closest support would be reached.