| Positions | Today | Yesterday | % Change | |
| Longs | 32% | 32% | 0.00% | |
| Shorts | 68% | 68% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
Despite the relatively uneventful trading since Tuesday, the Aussie plunged down to the 0.7970 mark mid-Thursday. This strong bearish momentum proved to be no opponent to the 200-hour SMA, as it was dashed through without any hindrance.
Meanwhile, better-than-expected Australian labour data early on Thursday resulted in a surge of 32 pips which was later halted at the 200-hour SMA. Being reinforced by the 55-hour moving average, this mark might be an unbreakable resistance in this session; thus, providing another upside confirmation of a descending channel.
In case this level is breached, the Aussie's appreciation might not be long-lived, as the 200-hour SMA and the weekly PP are located nearby.