| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 37% | 0.00% | |
| Shorts | 63% | 63% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇓ | ⇗ | |
Even though the Aussie was stranded below the 55-hour SMA for three trading session, bulls found strength and pushed the given currency above this resistance area.
As apparent on the chart, the rate was reluctant near the upper channel boundary for some trading hours. However, the strong upside risks that prevailed the marked during the first hour on Wednesday allowed the Aussie to surge up to the 0.7860 mark. The rate was testing the 200-hour SMA and the weekly PP mid-session. This mark, however, is unlikely to be breached.
The base scenario favours the pair making a rebound from the upper channel boundary, reinforced by the 55– and 100-hour SMAs, and remaining between all three SMAs by mid-Thursday.