| Positions | Today | Yesterday | % Change | |
| Longs | 67% | 63% | 5.97% | |
| Shorts | 33% | 37% | -12.12% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Buy | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
A one-week ascending channel has guided the Australian Dollar higher against the US Dollar on Friday.
The currency pair has broken a medium-term descending channel pattern at 0.7120 during the morning hours of Monday's trading session.
Given that the exchange rate has breached the descending channel, the next target for the pair will be near a resistance level formed by the weekly R1 at 0.7150 within this session.
On the other hand, the currency exchange rate could reverse from current price level at 0.7127 and aim at the 50-hour simple moving average at 0.7113 during the following trading session.