| Positions | Today | Yesterday | % Change | |
| Longs | 66% | 68% | -3.03% | |
| Shorts | 34% | 32% | 5.88% | |
| 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 Australian Dollar breached a three-month descending channel on Monday. The rate remained near its upper boundary for the most session until better-than-expected Australian Retail Sales pushed the rate for a 34-pip surge within the following two hours. The rate peaked near the weekly R1 at 0.7656 and remained near this area by mid-Tuesday.
Meanwhile, there is still some potential up to the 0.7670 mark where the upper boundary of the dominant ascending channel is located; it could be realised in this session. However, the bearish sentiment should prevail in the market during the following 24 hours.
The nearest support is formed by the monthly and weekly PPs, the 55– and 200-hour SMA near 0.7620—an area where the bottom boundary of a short-term channel is located.