| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 66% | -8.20% | |
| Shorts | 39% | 34% | 12.82% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇓ | |
As already expected, the Australian Dollar was dominated by bears during the previous 24 hours. The Aussie bounced off the weekly R1 at 0.7656 and then managed to test the weekly PP and the 200-hour SMA circa 0.76.
The bearish sentiment was also strengthened early in the morning when Australia released worse-than-expected GDP data. This movement south was finalised with a retracement from the descending channel which was breached on Monday.
Technical indicators demonstrate that the Aussie has started to recover from its recent fall. However, given the strong resistance of the 100-, 55– and 200-hour SMAs, the weekly and monthly PPs in the 0.7595/0.7610 area, bulls might be forced to give up their positions, thus sending the pair for another decline.