| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
The price movement of the EUR/AUD pair has been constrained by an ascending channel. The exchange rate bounced off it lower boundary on June 6 and since reached a two-month high level during the past few days.
However, the currency pair has been trading sideways along the 55– and 100-hour simple moving average since the middle of July as both bears and bulls trader were unable to force the rate to either direction.
Technical Indicators on the smaller time-frame demonstrate that bearish momentum is likely to dominate the currency exchange rate in the following trading sessions.