| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Buy |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
AUD/JPY is trading in two opposing channels simultaneously. The senior pattern is an ascending channel in force since August 8, while the junior one forms a correction wave southwards.
The rate is located at the 38.2% Fibonacci retracement—a level reinforced by the 200-hour SMA. This suggests that the rate could be pressured down to the 23.6% Fibo. However, it is yet unclear if this level will be reached prior to a recovery.
The base scenario favours the rate being relatively stable in this session with no sharp movements either direction. However, the short-term downtrend should persist until the lower boundary of the senior channel is reached.