AUDJPY Bullish breakout consolidation capped at 101.15AUSTRALIAN DOLLAR VS JAPANESE YENTRADENATION:AUDJPYTradeNationThe AUDJPY currency pair continues to exhibit a bullish price action bias, supported by a sustained rising trend. Recent intraday movement reflects a sideways consolidation, suggesting potential continuation of the broader uptrend. Key Technical Level: 100.17 This level marks the prior consolidation range and now acts as pivotal support. A corrective pullback toward 100.17 followed by a bullish rejection would reinforce the bullish trend, targeting the next resistance levels at: 101.15 – Near-term resistance 101.40 – Minor swing high 101.70 – Longer-term bullish objective On the other hand, a decisive daily close below 100.17 would invalidate the bullish setup, shifting the outlook to bearish in the short term. This could trigger a deeper retracement toward: 99.90 – Initial support 99.65 – Key downside target Conclusion: As long as 100.17 holds as support, the technical outlook remains bullish, favouring long positions on dips. A confirmed break below this level would signal a shift in sentiment and open the door to a corrective pullback phase. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.