| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 35% | 2.78% | |
| Shorts | 64% | 65% | -1.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇗ | |
The Australian Dollar accelerated against the Greenback mid-Monday and reached the weekly R1 at 0.7973 mark. Nevertheless, downside risks prevailed and pushed the rate down to a combined support of the 200– and 100-hour SMAs and the weekly PP near 0.7920.
Meanwhile, the rate has formed a short-term channel up. Even though the upper channel boundary was not fully reached, today's major leap north has set technical oscillators in the oversold area, suggesting that a rebound is likely to follow in the nearest hours.
In general, it is yet to be seen if the given move guides the pair towards the bottom channel boundary circa 0.7950 or is just a minor correction before the rate resumes its way towards the upper channel line.