| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Australian Dollar is advancing against the Japanese Yen in a short-term ascending channel that started to form after the currency pair stopped to move in a downtrend and changed the direction near 85.52. At the moment, it consists of two reaction highs and two reaction lows and, thus, has reached maturity. For this reason, dissolution of the pattern might happen as soon as the currency rate will reach a combined resistance level set up by the weekly R1 at 87.69 and the monthly PP at 87.78.
Even though the market sentiment remains 69% bearish, a summary of technical indicators for the upcoming five and twenty four hours sends a strong buy signal. This might be a sign that the pair has entered into a solid medium-term uptrend.