| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 73% | -4.2% |
| Shorts | 29% | 27% | 10.0% |
| 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 | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Australian Dollar appreciated by 1.35% in value against the US Dollar on Monday. The currency pair made a U-turn down from the weekly R1 at 0.6785 during yesterday's trading session.
The exchange rate might continue to edge lower until it reaches a support level formed by the 50.00% Fibonacci retracement level at 0.6738.
If the support level holds, the AUD/USD pair will most likely continue to edge up within this session.
Although, if the currency exchange rate breaches the 50.00% Fibo, the next support level will be at the 0.6727 marks, located near the 61.80% Fibonacci level.