| Positions | Today | Yesterday | % Change | |
| Longs | 68% | 68% | 0.00% | |
| Shorts | 32% | 32% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The Australian Dollar has continued to trade in a descending channel against the US Dollar. The currency pair tested the lower boundary of the channel at 0.7070 during the end of the previous session.
Everything being equal, it is likely that the downside movement will continue within this session. The possible target for the AUD/USD currency pair will be at the monthly S2 at 0.6950.
However, it is important to note that the US macroeconomic data releases scheduled at 12:30 GMT could play a very important role in regards to this currency exchange rate today.