| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 53% | 10.17% | |
| Shorts | 41% | 47% | -14.63% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Buy | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇓ | ⇘ | |
The Australian Dollar continues to appreciate against the US Dollar in a junior ascending channel for the third consecutive trading day. This upside sentiment was stopped by the 200-hour simple moving average and the upper border of the ascending channel pattern during the close of Friday's session.
Given that the 200-hour SMA has fallen below the price, the Aussie is expected to continue its upward movement today. However, the action could be limited by the monthly pivot point at 0.7330.
Technical indicators flash strong bearish signals on the daily time frame. Therefore, it is likely that the resistance as mentioned earlier might drive the currency exchange rate south within this session.