| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 61% | 0.00% | |
| Shorts | 39% | 39% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The Australian Dollar continued its sideways movement against the US Dollar on Wednesday. However, a breakout through the upper boundary of a descending channel pattern occurred during the end of the previous session.
Given that a breakout had occurred, it is likely that the Aussie continue to make gains against the Greenback within this session.
Nevertheless, a resistance cluster formed by the weekly pivot point and the 200-hour simple moving average at 0.7259 could hinder bullish traders from pushing the currency exchange rate higher today.