AUD/USD breaks support levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 48% 51% -6.25%
Shorts 52% 49% 5.77%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Buy
RSI (14) Neutral Sell Neutral
Stochastic (5; 3; 3) Sell Sell Sell
Alligator (13; 8; 5) Neutral Buy Neutral
SAR (0.02; 0.2) Sell Buy Buy
Aggregate

By the middle of Tuesday's trading session the Australian Dollar had plummeted against the US Dollar. The pair had fallen through various support levels in a sharp move, which stopped near the support of the 200-hour simple moving average near the 0.7825 mark.

However, by 14:00 GMT it could be noticed that the following rebound had been short lives, as the pair had bounced off the resistance of a previous support line. 

Because of that reason Dukascopy analysts expect that the pair will continue the decline and approach the weekly PP, which is located at the 0.7794 level.

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