| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The Australian Dollar has been appreciating against the Japanese Yen since January 3 when the currency pair reversed from a historical low at 70.00. The rate has gained about 10.59% of its values since the beginning of this year.
The exchange rate is trading near the upper boundary of a descending channel pattern at 77.94 and could be set for a breakout.
If this breakout occurs, the currency exchange rate will aim for a resistance level at 80.02.
However, if the descending channel pattern holds, the AUD/JPY pair will make a retracement towards the weekly and the monthly PPs at 75.33.