| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 53% | 8.62% | |
| Shorts | 42% | 47% | -11.90% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇓ | |
The Australian Dollar had maintained a rather stable position against the US Dollar for the last two trading sessions prior to accelerating up to the 0.7770 mark during the first part of Wednesday. The pair dashed through various resistance levels along the way, including the 61.8% Fibonacci retracement line.
Mid-day, technical indicators were located in the overbought region, thus signalling to a possible price decline in the nearest time.
Despite various weekly pivot points, the daily low for the Aussie could be the 55-hour SMA near 0.7725. This level intersects with the bottom boundary of the prevailing channel up.
The gradual decrease in steepness suggests that this pattern could be breached during the following two days, thus adding some bearish pressure.