AUD/USD moving towards 0.7249

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 51% 60% -17.65%
Shorts 49% 40% 18.37%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Sell Neutral Neutral
Stochastic (5; 3; 3) Neutral Sell Neutral
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

The Australian Dollar has continued to gain strength against the US Dollar. The currency pair appreciated about 49 base points during the previous trading session.

By and large, the 50-hour simple moving average will guide the exchange rate towards the monthly pivot points at 0.7246 within this session.

If and when the resistance level set by the monthly PP holds, the currency exchange rate will make a reversal south and potentially breakout through the lower boundary of a junior ascending channel at 0.7183 during the following trading session.

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