| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 57% | 6.56% | |
| Shorts | 39% | 43% | -10.26% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇘ | ⇒ | |
The Aussie was driven by strong downside risks on Friday that sent AUD/USD for a fall down to 0.7640. It was consequently testing the given level for several hours prior to pushing it back up to 0.7670 by mid-Monday.
As apparent on the chart, the upside momentum has allayed near a significant resistance cluster formed by the 100-, 200– and 55-hour SMAs and the weekly PP at 0.7675.
It is expected that this area is not breached until all these lines are located at one point. Technical indicators also support a possible movement south in the upcoming hours.
The Aussie reversing from the 0.7640 area confirmed the existence of a relatively flat ascending channel. Thus, the base scenario favours the rate remaining between the aforementioned resistance and the bottom channel boundary in the 0.7675/0.7640 area.