AUD/JPY – Institutional Long SetupAUD/JPYOANDA:AUDJPYphilipemavMacro & COT Despite net shorts still dominating the AUD, the latest COT report shows a notable increase in longs (+8,076) and a sharp reduction in shorts (-19,995). On the JPY side, institutions added +11,181 shorts, signaling persistent weakness in the yen. This intermarket delta points to relative strength of the AUD against the JPY in the coming sessions. Technical Structure Price is retracing within the 0.25–0.375 Fibonacci zone, holding firmly above the demand area near 95.40. The broader structure remains bullish, with the latest pullback confirming demand absorption. Scenarios Primary Bias (Long): Continuation towards 98.40 → 99.90 as long as demand holds. Invalidation: A clean break below the demand zone at 95.40 would invalidate the bullish outlook. Monitoring Since price still needs time to approach the zone of interest, this setup may take more than a week to trigger. Until then, monitoring weekly COT positioning and price action as it approaches demand will be key to confirm institutional flow and entry timing. 📌 Institutional Outlook: AUD/JPY is setting up for a potential long continuation trade, backed by COT positioning, yen weakness, and demand zone confluence on the H4 chart. Patience is required as price approaches the area of interest.