| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 46% | 11.54% | |
| Shorts | 48% | 54% | -12.50% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
Downside risks dominated the Aussie on Thursday, thus pushing the rate closer to the bottom boundary of the junior channel. This bearish sentiment allayed in this session, thus leaving the rate with narrow volatility prior to US Advance GDP data release at 1230GMT.
Even though the release provided better-than-expected results, the market reaction was muted, as the US Dollar strengthened only 13 pips against the Aussie.
The rate is stranded between the monthly S1, the weekly S3 and the 55-hour SMA from above and the monthly S2 from below circa 0.7700 and 0.7600, respectively.
There is still some downside potential down to the latter that could be realised in this session. In terms of next week, the rate should eventually recover from its two-week fall and thus approach the upper channel line circa 0.77.