| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 57% | -5.56% | |
| Shorts | 46% | 43% | 6.52% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇓ | |
Following a breakout of the short-term ascending wedge, the Australian Dollar surged against its American counterpart and thus managed to reach the 0.7720 mark—a level slightly below the weekly R1. In addition, the pair breached a five-week channel up along the way.
As apparent on the chart, the rate has likewise formed a junior ascending channel. The Aussie could still test its upper boundary and the weekly R1 circa 0.7725 prior to edging lower. The bearish sentiment is supported by converging and southwardly-tended technical indicators.
Apart from the breached channel line, no support is located until the monthly R1 and the 55-hour SMA at 0.7685.