| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 72% | 3.2% |
| Shorts | 26% | 28% | -9.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The Australian Dollar was guided up by a junior ascending channel pattern against the US Dollar during yesterday's trading session. The currency pair tested a swing high of 0.6940 on Monday.
By and large, it is likely that the AUD/USD currency pair will maintain the junior ascending channel pattern within this session. If the channel holds, the rate will aim for a resistance cluster formed by the combination of the weekly and the monthly pivot points at 0.6959 today.
However, if the currency exchange rate breaks the channel pattern, a decline towards the 100– and 200-hour SMAs at 0.6902 could follow.