| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 36% | 7.69% | |
| Shorts | 61% | 64% | -4.92% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇗ | ⇗ | |
The only recently discovered medium term channel pattern has done his part in supporting the Aussie against the US Dollar. However, it has occurred differently than expected.
The rate was not supported by the combined support of the weekly PP at 0.7901 and the 200-hour SMA at 0.7895 mark. Instead the pair was supported by a monthly level of support at the 0.7880 mark together with the lower trend line of the mentioned channel up patter.
The pair is about to face the resistance of the 55 and 100-hour SMA. Only if that is passed, a continuation of the surge is to be expected.