| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 57% | 6.56% | |
| Shorts | 39% | 43% | -10.26% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇓ | ⇒ | |
Despite breaching a massive resistance cluster formed by the 200-, 100– and 55-hour SMAs and the weekly PP on Wednesday, AUD/USD failed to accelerate and thus entered a short-term consolidation period.
This narrow trading range widened today; however, the Aussie was still unable to gain strength and move past the 0.7690 mark.
Even though technical indicators flash bearish signals, it is expected that the Aussie continues to appreciate against the US Dollar, setting the weekly R1 as a possible target until the end of Thursday. In case of a strong bullish sentiment, the monthly PP and the upper channel line of the junior channel might likewise be reached.
Meanwhile, it is likely that bears dominate the market during the first half of Friday, thus leaving the rate relatively unchanged, compared to mid-today.