| Positions | Today | Yesterday | % Change | |
| Longs | 70% | 74% | -5.71% | |
| Shorts | 30% | 26% | 13.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | 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 has been appreciating in a descending channel pattern against the US Dollar since December 27. The currency pair tested the upper boundary of the channel down at 0.7074 during the first half of Monday's trading session.
If the resistance level formed by the upper boundary of the channel pattern and the weekly R1 at 0.7074 holds, the currency exchange rate will make a brief pullback towards a mini swing low of 0.7037.
However, a support level formed by the combination of the 50– and 100-hour SMAs near 0.7046 might provide support for the AUD/USD exchange rate.