| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The Australian Dollar has appreciated about 2.15% against the Japanese Yen since last week. The currency pair bounced off its lower boundary of a medium-term ascending channel at 77.50 on February 8 and had since breached both the 50-, 100– and 200-hour SMAs.
A breakout through the upper boundary of a dominant descending channel could be expected within this session.
If this breakout occurs, the currency exchange rate will target a swing high of 79.84.
However, if the pair fails to break the dominant channel, a decline toward the 200-hour SMA could follow.