Positions | Today | Yesterday | % Change | |
Longs | 34% | 36% | -5.88% | |
Shorts | 66% | 64% | 3.03% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇒ | ⇗ |
As the AUD/USD pair reached the previously set target of 0.8020 and lingered near it through the most part of the first half of Friday's trading session.
That continued until the pair suddenly broke past the mentioned mark and quickly touched and bounced off the resistance at 0.8040.
The encounter had resulted in a decline, which was set to go down as low as 0.80. At 0.80 mark the currency pair is set to meet various support levels.
Namely, the 55 and 100-hour SMA's were approaching from the downside, a monthly pivot level was located at the 0.80 mark and the lower trend line of a medium term pattern was tilted to the upside near the mentioned level.