| Positions | Today | Yesterday | % Change | |
| Longs | 69% | 68% | 1.45% | |
| Shorts | 31% | 32% | -3.23% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The Australian Dollar has been guided lower by the 50-hour simple moving average against the US Dollar.
The currency pair was trading near the lower boundary of a descending channel at 0.7045 during the morning hours of Monday's session.
If the AUD/USD passes that bottom border, the next target for bearish traders will be at a support cluster formed by the combination of the weekly and the monthly PPs near the 0.6984 mark.
On the other hand, if the descending channel holds, the currency exchange rate will make a U-turn north towards the 100-hour SMA at 0.7111 during the following trading session.