| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 50% | -10.5% |
| Shorts | 55% | 50% | 8.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
[ANNOUNCE]Since Monday's trading session, the Australian Dollar has declined by 33 pips or 0.44% against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.7438 during the Asian session on Tuesday.[/ANNOUNCE]
By and large, bearish traders are likely to continue to pressure the exchange rate lower within this session. A breakout through the lower boundary of an ascending channel pattern might occur.
However, if the channel pattern holds, the AUD/USD currency exchange rate could make a pullback towards the 0.7500 level during the following trading session.