| Positions | Today | Yesterday | % Change | |
| Longs | 68% | 68% | 0.00% | |
| Shorts | 32% | 32% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇓ | |
The steady movement sideways which was apparent in the market last week was disrupted mid-Friday when the Australian Dollar surged up to the weekly R1 at 0.7625. The upper boundary of a two-week channel is also located at this mark.
The pair then made a retracement from the previously-breached channel and the weekly PP prior to appreciating slightly one more time.
It is likely that bears take the upper hand during the following trading hours until the intersection of the 100– and 55-hour SMAs near 0.7585 is reached.
By and large, the rate is expected to appreciate during this week in line with the prevailing channel up. The most likely upside barrier for the following session is the weekly R1 at 0.7625.