| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 62% | 0.00% | |
| Shorts | 38% | 38% | 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 | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
AUD/USD lost 56 pips on Thursday after accelerating downward from a resistance level at 0.7409. By the middle of the day, the currency pair has reached the monthly support level at 0.7354.
Technical indicators flash mixed signals today.
However, the exchange rate moving above the monthly pivot point does suggest that the rate might retrace up in this session. A possible upside target is the 55-hour or the 200-hour simple moving averages.
In terms of resistance, it is unlikely that the weekly and the monthly PPs near 0.74 are breached. Nevertheless, the US Non-Farm employment change might introduce high volatility later in the day.