| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 49% | 14.04% | |
| Shorts | 43% | 51% | -18.60% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇓ | ⇗ | |
Upside momentum continues to push the Aussie even higher against the US Dollar. By the early hours of Thursday's trading session, the AUD/USD pair tested the upper a boundary of a dominant channel.
After reaching the 50.00% Fibonacci retracement level, the currency pair made a U-turn to re-test the weekly R1 at 0.7927. This retracement can be measured by connecting the January high at 0.8134 and the February low at 0.7761.
The bearish sentiment might be in play for the following trading session, however, the decline might be stopped by the 55– hour simple moving average.