| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 40% | -5.26% | |
| Shorts | 62% | 60% | 3.23% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
The falling wedge which was formed last week was breached to the upside on Thursday. Further appreciation was halted by the 55-hour SMA that provided unbreakable resistance until mid-today.
Despite being hindered by this moving average for several hours, it is still expected that the Aussie could move higher, thus approaching the weekly S1 and the 100-hour SMA at 0.7880. In case the given resistance fails to restrict the pair, a bullish head-and-shoulders pattern would be formed.
Conversely, it should not be dismissed that the bearish sentiment might still prevail and send the pair for a test of the two-month low or the weekly S2 at 0.7810 and 0.7796, respectively. By and large, priority is given to the bullish scenario.