| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
[ANNOUNCE]The Australian Dollar has declined by 189 pips or 2.23% against the Japanese Yen since June 11.[/ANNOUNCE] The currency pair tested the 83.00 level during yesterday's trading session.
All things being equal, the exchange rate could continue to trend bearish during next week's trading sessions. A breakout through the lower line of a descending channel pattern could occur today.
However, if the channel pattern holds, the AUD/JPY currency exchange rate would make a brief retracement towards the 84.50 area in the shorter term.