AUD/USD could make pullback

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs27%27%-1.3%
Shorts73%73%0.5%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralSellNeutral
Stochastic(5;3;3)NeutralNeutralSell
Alligator(13;8;5)BuyBuyNeutral
SAR(0.02;0.2)BuyBuyBuy
Aggregate

Australia's Dollar surged by 67 pips or 0.97% against the US Dollar during Friday's trading session. The currency pair breached the psychological resistance level at 0.7000 on Friday.

The exchange rate is expected to make a pullback towards monthly and the weekly PPs at the 0.6884 area within this session.

However, a support level formed by the 50– hour simple moving average at 0.6952 could provide support for the AUD/USD currency exchange rate during the following trading session.

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