| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 58% | 9.38% | |
| Shorts | 36% | 42% | -16.67% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇘ | ⇒ | |
The Aussie was moving sideways against the US Dollar last week. However, contrary to testing the upper boundary of a senior channel circa 0.7690, the strong resistance of the 55-, 100– and 200-hour SMAs pushed it even lower. Thus, a short-term channel up was breached mid-Monday.
This downward movement was stopped by the weekly S1 which managed to reverse the Aussie to the upside. If taking into account the rate's current movement, a new channel down can be drawn.
It is likely that the 55-hour SMA provides some resistance to the pair and even initiates a slight retracement. However, the overall direction should nevertheless be northward, setting the 100-hour SMA and the weekly PP circa 0.7660 as a possible upside target.