| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar has been appreciating in a three-week ascending channel against the Japanese Yen. This movement started on October 26 when the pair reversed from a support level at 78.14.
The exchange rate was trading near the upper boundary of a descending trendline at 82.35 and could be set for a breakout.
If this breakout occurs, the currency exchange rate will target a resistance level at 83.85 during the following trading sessions.
On the other hand, if the breakout fails to occur, the AUD/JPY currency exchange rate will aim at the 100-hour simple moving average at 81.42 today.