| Positions | Today | Yesterday | % Change | |
| Longs | 66% | 68% | -3.03% | |
| Shorts | 34% | 32% | 5.88% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The Australian Dollar continues to depreciate against the US Dollar for the past two-week. Despite a sign of surge on Monday, bears managed to gather enough momentum to push the rate further south. As a result, the currency pair breached a support cluster formed by the combination of the weekly and the monthly PPs near the 0.7516 mark.
Giving that the AUD/USD exchange rate is trading in a falling wedge, there might not be any upward potential within this session.
The overall market sentiment is bearish, therefore, the rate is likely to continue falling until it reaches the lower boundary of a junior descending channel where the weekly S2 is located.