| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 72% | -16.13% | |
| Shorts | 38% | 28% | 26.32% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
[ANNOUNCE]The Australian Dollar continued to weaken against the US Dollar on Wednesday after the currency pair breached a significant support cluster set by the combination of the weekly and the monthly pivot points near the 0.74 mark.[/ANNOUNCE]
This bearish momentum continues on Thursday and by the middle of the trading session, the exchange rate has lost 56 base points or 0.76% of its value. Also, the 100– and 200-days SMAs pressurized the pair further south.
Everything being equal, it is likely that the AUD/USD currency exchange rate target the weekly support level at 0.7354 within this session. In addition, technical indicators suggest bears could increase its volatility today.