| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 39% | 0.00% | |
| Shorts | 61% | 61% | 0.00% | |
| 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 | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
The Australian Dollar maintained a relatively stable position against its American counterpart on Monday, as it was fluctuating between the weekly PP and the lower boundary of a short-term channel down during the whole session.
The latter was breached early today when bears gained strength and pushed down to the weekly S1 at 0.7778. The given mark intersects with the lower boundary of a medium-term channel up.
Thus, the Aussie is likely to reverse to the upside and test the combined resistance of the 55-, 100– and 200-hour SMAs, the 23.8% Fibo and the weekly PP in the 0.7820/40 area. This assumption is supported by technical oscillators that are located in the oversold area.
Meanwhile, Australia releasing its quarterly CPI at 0300GMT early on Wednesday is likely to shake the market to either direction.