| Positions | Today | Yesterday | % Change | |
| Longs | 65% | 68% | -4.62% | |
| Shorts | 35% | 32% | 8.57% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
Upside risks dominated the Australian Dollar against the USD Dollar on Wednesday, as the currency pair ended the session with 68 base points profits. The pair also broke out through the upper boundary of a downtrend channel.
After reaching near a resistance cluster formed by the weekly and the monthly PPs at 0.7473, the exchange rate pullback and is gradually moving toward the 55-hour simple moving average or the 200-hour SMA.
Technical indicators on the 4H time-frame suggest that the bullish sentiment could continue within this session. Therefore, it is likely that one of those support level set by the SMAs could hold.