| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 67% | 65% | 2.9% |
| Shorts | 33% | 35% | -5.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
The AUD/USD exchange rate is currently trading in a narrow descending channel pattern. The Aussie appreciated by about 26 basis points against the Greenback during Friday's trading session.
Given that the 50-, 100– and 200– hour simple moving averages are above the price level, it is likely that the currency exchange rate will continue to trade south until it reaches a support level, formed by the weekly S1 at 0.6791.
If the weekly S1 holds, a brief retracement towards the 0.6815 area could be expected within the following trading session.