| Positions | Today | Yesterday | % Change | |
| Longs | 60% | 57% | 5.00% | |
| Shorts | 40% | 43% | -7.50% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
The Australian Dollar depreciated about 56 pips against the US Dollar on Monday. The exchange rate breached both the 50– and 100-hour SMAs at 0.7076 during the end of the previous session.
The currency pair was trading near the upper boundary of a medium-term descending channel at 0.7100 during the first part of today's session and could be set for a breakout.
If the breakout occurs, the next target for bullish traders will be near a swing high of 0.7142.
However, technical indicators on the daily time-frame suggests that the breakout might not occur today.