| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 45% | 8.8% |
| Shorts | 50% | 55% | -8.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇘ |
The Australian Dollar appreciated by about 48 basis points against the US Dollar on Thursday. The currency pair tested a psychological resistance level at the 0.6910 area during yesterday's trading session.
Everything being equal, the AUD/USD exchange rate will likely maintain a junior descending channel pattern within this session. Bearish traders could target the 0.6850 region.
Furthermore, technical signals support the currency exchange rate to continue its decline in the nearest future.