| Positions | Today | Yesterday | % Change | |
| Longs | 60% | 62% | -3.33% | |
| Shorts | 40% | 38% | 5.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The Australian Dollar traded sideways movement against the US Dollar on Monday. The 50-hour simple moving average was providing resistance for the currency pair at 0.7185 during yesterday's session.
Today's session began with a bullish momentum, and by the middle of the European trading session, a breakout had occurred through the upper boundary of a descending channel pattern at 0.7192.
Given that a breakout had occurred, the AUD/USD currency exchange rate will likely surge within this session and potentially aim at a resistance level formed by a traditional weekly R1 at 0.7233.