| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Neutral | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇘ |
The Australian Dollar is losing value against the Canadian Dollar in a short-term descending channel that staretd to form after a 39-pip depreciation of the Aussie last week. At the moment, the currency exchange rate is squeezed between the weekly S1 at 0.9941 and the monthly PP at 0.9930. Nevertheless it is expected to resume the fall, as the breakout to the northern side most probably will be neturalized by the 55-, 100- and 200-hour SMAs. The souther side, in turn, lacks any barriers up until the weekly S2, which is located at the 0.9901 level.