| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 73% | -1.7% |
| Shorts | 28% | 27% | 4.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Australian Dollar made 0.91% gain during the first part of yesterday's trading session. However, by the end of the day, bears have regained some of their lost positions.
The currency pair is currently testing a resistance level formed by the 200-hour simple moving average at 0.7024.
If the pair passes the 200-hour SMA, a surge towards the weekly resistance level at 0.7068 could be expected.
Although, if the 200-hour moving average holds, bears could aim for a swing low of 0.6958 during the following trading session.