| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 72% | 3.6% |
| Shorts | 26% | 28% | -10.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| 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.