| Positions | Today | Yesterday | % Change | |
| Longs | 40% | 39% | 2.50% | |
| Shorts | 60% | 61% | -1.67% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The Australian Dollar continues to depreciate against the Greenback for the third consecutive session. This movement down has been confined in a short-term descending channel.
During the past 24 hours, the rate has formed two waves in opposing directions and has therefore returned near its mid-Tuesday level.
As apparent on the chart, the Aussie remains stranded between the 55– and 200-hour SMAs that are providing very strong barriers for the pair.
Given that the upside is likewise reinforced by the 100-hour SMA, the weekly PP and the upper channel line, the overall direction of the rate should be either sideways between the above moving averages or even lower, setting the weekly S1 at 0.7790 as the ultimate downside target.