| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇓ |
The movement of the AUD/JPY currency pair has been guided mainly by bears since late January. The bearish momentum stated after the pair tested the upper boundary of a dominant descending channel on January 22.
During the past two-weeks, the exchange rate has begun to make a new wave to the upside. A new junior ascending pattern has been mapped to trail the price movement. In addition, a cluster set by the weekly pivot point and the 55– hour simple moving average near 81.40 was providing support for the pair to move further north.
By and large, the currency exchange rate is likely to continue moving upward until it breaches the upper boundary of the junior channel. However, the price might also encounter a resistance cluster set by the monthly R2 and the 200-hour SMA at 82.79.