| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The previously drawn channel down pattern of the Euro against the Australian Dollar has persisted. The currency exchange rate has reached the targeted area of support levels near the 1.53 mark.
On Thursday morning it could be noticed that the support levels had actually managed to hold throughout Wednesday. Moreover, during the early hours of Thursday's trading session the pair bounced off the support levels.
Due to that reason it is expected that the pair might reach up to the 55-period SMA, which was located at the time at the 1.5385 mark. Only afterwards a decline would continue,