| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 60% | #DIV/0! | |
| Shorts | 100% | 40% | 60.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The Australian Dollar was trading sideways against the US Dollar during the second half of Wednesday's session stranded between the monthly pivot point and the 55-, 100-, 200– hour SMAs. In addition, the exchange rate was likewise moving along the upper border of a downtrend channel.
Given that the currency pair has moved closer to the upper boundary, this suggests that a breakout is likely to occur today. This would send the pair higher towards 0.7420 which is the most recent high for the pair.
On the four-hour time frame, technical indicators suggest that bulls are likely to come into play within the next hours.