| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 66% | #DIV/0! | |
| Shorts | 100% | 34% | 66.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇓ | ⇘ | |
Bears pick up momentum after the AUD/USD exchange rate hit the upper boundary of a junior ascending channel. Nevertheless, the movement of the currency pair tallied with the descending dominant channel.
During the European trading session on Thursday, the pair was trading below the 61.80% Fibonacci retracement level at 0.7698. Moreover, the rate has breached the monthly PP and the combination of the 55-, 100-, and the 200– hour SMAs near the 0.7687 regions.
However, technical indicators suggest corrective moves north is likely during the following trading hours.