| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 40% | 2.44% | |
| Shorts | 59% | 60% | -1.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇓ | ⇒ | |
The AUD/USD exchange rate was moving sideways for two trading sessions, as it was unable to move past the weekly PP at 0.7796. This situation changed swiftly early on Thursday when the pair managed to surge up to the 0.7830 mark.
Meanwhile, the rate has formed a minor ascending channel that has been guiding the rate since October 6. The Aussie reached the upper channel boundary in this session and has since weakened against the Greenback. Thus, it is likely that this movement southwards continues to prevail for the following trading hours.
As a result, rate would test a combined support cluster formed by the 200-, 55– and 100-hour SMAs and the weekly PP in the 0.7780/0.7800 area. It is expected that one of these barriers could work as a reversal point.