| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 51% | 20.31% | |
| Shorts | 36% | 49% | -36.11% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The Australian Dollar traded between the range of 0.7087 and 0.7053 during Tuesday's session. The exchange rate was stranded between SMAs during the morning hours of Wednesday trading session.
The 100-hour simple moving average was providing resistance for the rate at 0.7102, while the 50-hour moving average was providing support for the pair at 0.7085.
Everything being equal, it is expected that the one-week descending channel pattern is likely to prevail today. The possible target for bearish traders could be near 0.7060 regions during the following trading session.