| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
[ANNOUNCE]The Australian Dollar has been trading in a triangle-like formation during the past months. The currency pair tested the upper boundary of the aforementioned triangle pattern on May 14.[/ANNOUNCE]
The exchange rate has moved closer to the up border of the downtrend line and a breakout could be expected within this session. Meanwhile, the rate was stranded between SMAs at the time of this analysis.
Everything being equal, the AUD/JPY currency exchange rate is likely to continue to gain strength during the following trading sessions. Nevertheless, technical indicators suggest a different scenario. On the weekly time-frame, it flashes strong sell signals.