| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 66% | 8.3% |
| Shorts | 28% | 34% | -21.3% |
| 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 | Neutral | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar has surged by 32 basis points against the US Dollar since yesterday's trading session. A breakout occurred through the upper boundary of a descending channel pattern during the morning hours on Friday.
Given that a breakout had occurred, the AUD/USD exchange rate will continue to edge higher within this session. The potential target will be near a psychological level at the 0.6920 area.
However, resistance levels at the 0.6887/0.6906 regions could hinder bullish traders from driving the currency exchange rate higher during the following trading session.