| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 70% | 4.2% |
| Shorts | 27% | 30% | -11.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇘ | ⇒ |
Upside risks prevailed in the market on Monday, thus sending the Australian Dollar to surged about 0.75% in values against the US Dollar. The currency pair breached some significant resistance levels during yesterday's session.
The exchange rate revealed a new junior ascending channel pattern during the first half of today's trading session. Currently, the channel pattern is guiding the AUD/USD pair towards a swing high of 0.7092.
Everything being equal, it is likely that the currency exchange rate maintains the junior ascending channel pattern within this session.
Although, technical indicators suggest that a decline should be expected during the following trading session.