| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 34% | 16.0% |
| Shorts | 60% | 66% | -10.7% |
| 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 Australian Dollar surged by 120 basis points or 1.85% against the US Dollar on Thursday. The currency pair breached the 200– hour simple moving average during yesterday's trading session.
Everything being equal, the exchange rate could make a downward move within this session. The potential target for the AUD/USD pair could be near the monthly pivot point at 0.6455.
Although, Friday's macroeconomic data releases could play an important roll in the overall movement for the currency exchange rate.