| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The Australian Dollar has appreciated substantially against the Japanese Yen since late November. This upward momentum has been confined in two ascending channels. The junior one was formed last week when the rate initiated a new wave up.
It is expected that the Aussie could edge higher within the following week, at least, towards the upper boundary of the senior channel in the 90.40/80 territory.
Meanwhile, the pair is likely to edge slightly lower on Monday towards the junior pattern near 88.60—area which is likewise reinforced by the 100-hour SMA. The rate should subsequently resume its upward movement.
In case the Aussie fails to pick up speed the next week, this should serve as an early indication that a breakout of the senior channel could be the most likely scenario.