AUD/USD breaks uptrend channel

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs74%72%3.6%
Shorts26%28%-10.5%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuySellBuy
Aggregate⇗⇓⇒

[ANNOUNCE]The Australian Dollar was moving between the upper and lower boundaries of a junior ascending channel pattern during yesterday's trading session. The exchange rate gained about 47 base points during Wednesday's trading session.[/ANNOUNCE] 

The currency pair breached the lower band of the junior ascending channel during the European trading session on Thursday. Currently, the pair is testing a support level formed by the 100– and 200-hour SMAs at 0.7061.

If this support level holds, the currency exchange rate will aim for a swing high of 0.7100 during the following trading session.

Meanwhile, technical indicators flash strong sell signals on the daily time frame chart.

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