| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
During the last two weeks, the Australian Dollar has risen by 3.77% against the Japanese Yen. The AUD/JPY currency pair breached the 50– and 200– period SMAs last week.
All things being equal, the exchange rate could continue to trend bullish during the following trading sessions. A potential breakout through the resistance level at 81.62 could occur this week.
However, if the resistance at 81.62 holds, the currency exchange rate would make a pullback towards the weekly pivot point at 79.53 during the coming week.