| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 57% | -21.4% |
| Shorts | 53% | 43% | 18.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Australian Dollar appreciated about 73 base points against the US Dollar on Friday. The currency pair breached both the 50– and 100-hour SMAs during Friday's trading session.
Most likely, the currency exchange rate will move towards a support cluster formed by the combination of the 50– hour simple moving average and the weekly pivot point at 0.7153.
If the support level, as mentioned above holds, the AUD/USD exchange rate will continue its upside movement today.
Although, if the rate passes the support line, bears could drag the currency exchange rate lower during the following trading session.