Positions | Today | Yesterday | % Change | |
Longs | 60% | 70% | -16.67% | |
Shorts | 40% | 30% | 25.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Neutral | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇘ | ⇒ | ⇘ |
The Australian Dollar has plummeted during the last 24 hours against the US Dollar as a brick. Initially it was thought that a strong support cluster near the 0.7780 mark will hold the ground. At that level the support of a new medium term pattern was located at together with the 55 and 100-hour SMAs.
In addition, a support line of a previously active descending channel managed to slow down the fall. However, after less than ten hours, it was passed.
The next target from a technical perspective for the rate was the weekly first support at the 0.7675 mark.