| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 54% | 6.90% | |
| Shorts | 42% | 46% | -9.52% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The Australian Dollar was stranded above the 55– and 100-hour SMAs on Wednesday, thus trading between the 0.7670 and 0.7690 marks.
This lack of direction changed early in this session when solid data on Australian trade balance surprised the markets.
As a result, the rate surged 0.57% within the following four hours and eventually halted near the 0.7720 mark. The borders of the ascending channel were shifted to the upside to include the latest breakout.
It is expected that the given currency should respect the boundaries of this minor channel; thus, the base scenario favours bears taking the upper hand until an intersection of the 55– and 100-hour SMAs circa 0.7670 is reached.
A possible daily trading range could be between the 200– and 100-hour SMAs.