| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The Australian Dollar is appreciating against the Japanese Yen in a short-term ascending channel. This movement began on July 3 when the pair bounced off its lower boundary.
The short-term junior pattern upper border was tested on July 19 and made a U-turn south. Currently, the currency pair is bouncing between SMAs at the time of this analysis. The 55– and 100-hour SMAs was providing resistance, while the 200-hour simple moving average was providing support.
Everything being equal, it is likely that the AUD/JPY currency exchange rate breaks out from the SMAs today. Technical Indicators favour a southern breakout.