| Positions | Today | Yesterday | % Change | |
| Longs | 72% | 72% | 0.00% | |
| Shorts | 28% | 28% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
The Australian Dollar has started to appreciate against the US Dollar since the early hours of Wednesday's trading session. Even though a sign of decline today, bulls managed to gather enough strength to push the pair up towards the SMAs.
By the middle of the European session, the Aussie has gained 62 pips against the Greenback.
Given that the bullish sentiment is dominating this session, it seems that there might be some upside potential within the next hours.
Meanwhile, the overall market sentiment still remains bearish for this week; therefore, the pair is likely to reverse south for a possible re-test of the lower boundary of an ascending channel.