Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Sell | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Neutral | Neutral | Neutral |
Alligator (13; 8; 5) | Neutral | Sell | Sell |
SAR (0.02; 0.2) | Sell | Sell | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
After hitting the upper boundary of both the senior and the junior patterns at 84.54
On June 6, the AUD/JPY exchange rate changed its sentiment and began a new wave down. However, during the past two weeks, the Australian Dollar has been moving sideways against the Japanese Yen.
The decline has sent technical indicators to be on a neutral zone, especially in the shorter term.
Everything being equal, a breakout from the trading could be expected during the following trading sessions. In addition, technical sentiment suggests that the decline could continue in the longer term.