27 Jun 2019
AUD/JPY 4H Chart: Bulls market
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇘⇘ [ANNOUNCE]During the past week, upside risks dominated the Australian Dollar versus the Japanese Yen. The currency pair appreciated about 2% in value.[/ANNOUNCE]A breakout occurred through the upper boundary of a descending channel pattern on June 27.Given that a breakout has occurred, it is likely that the exchange rate will continue its upside momentum during