| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 72% | 2.70% | |
| Shorts | 26% | 28% | -7.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Neutral | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇓ | ⇒ | |
Following a short period of the AUD/USD currency pair trading sideways, Bulls has managed to take over the movement. This surge is likely to continue until the pair reaches the upper boundary of a junior pattern.
By the middle of the European trading session on Tuesday, the exchange rate has breached a resistance cluster formed by the weekly and the monthly pivot points near the 0.7579 mark.
Furthermore, the combination of the 55-, 100-. 200– hour SMAs was providing support for the pair at the 0.7514 regions. However, on the larger time-frame, technical indicators flash a strong sell signal.
It is likely that bearish sentiment might dominate the pair within the next session.