| Positions | Today | Yesterday | % Change | |
| Longs | 33% | 32% | 3.03% | |
| Shorts | 67% | 68% | -1.49% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇑ | ⇗ | ⇗ | |
The Aussie has appreciated significantly against the US Dollar since Monday when the rate bounced off the weekly S1.
The rate was stranded between the 55-, 100– and 200-hour SMAs during the second half of Tuesday. It did, however, push through the latter and shot up to the 0.8060 area where the weekly and monthly R1s and the 61.8% Fibo are located.
Given that the Aussie is trading in the overbought territory, it is likely that the Antipodean currency fails to surpass this resistance cluster. In addition, from theoretical point of view, the rate should retrace back to the upper channel boundary circa 0.8020. This level is likewise supported by the 200-hour SMA and the weekly PP.