| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Australian Dollar has been strained in several channels down against the Japanese Yen. The exchange rate tested the upper boundary of a junior channel at 88.39 being followed by a strong period of decline. In the one-hour time frame, the currency pair breached the 62.80% Fibonacci retracement level and slowly moving south. This retracement can be measured by connecting the low at 81.26 and the high at 84.53. Everything being equal, the AUD/JPY exchange rate might continue trading in a descending channel because technical indicators suggest bears is likely to grow stronger during the following days.