| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
The Australian Dollar has been appreciating in an ascending channel pattern against the Japanese Yen since the beginning of 2019. The currency pair gained about 2.20% in values during the past week.
Today's trading session began with a bearish sentiment. A breakout occurred through the lower boundary of the channel pattern at 78.73 at the end of the Asian session on Thursday.
Given that a breakout had occurred, it is likely that the AUD/JPY exchange rate edges lower towards a support level at 78.07.
Although, the 200-hour SMA at 78.40 could provide support for the pair within this session.