AUDJPY Above Dynamic Support | Bulls in Control

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AUDJPY Above Dynamic Support | Bulls in ControlAUD/JPYOANDA:AUDJPYforexcitypro_leemeenalπŸŽ„ I’d like to wish everyone a Happy New Year in advance, hoping the new year brings discipline, consistency, and plenty of green pips πŸ’šπŸ“ˆ πŸ“Œ Fundamental Outlook | Japanese Yen Weakness πŸ‡―πŸ‡΅ From a fundamental perspective, the Japanese Yen remains under pressure. The Bank of Japan’s ultra-loose monetary policy, wide interest rate differentials versus currencies like the Australian Dollar, and the BOJ’s reluctance to tighten aggressively continue to weaken the JPY. This keeps JPY as one of the weakest currencies in the market, supporting bullish JPY-crosses such as AUDJPY. πŸ“Š Technical Analysis | AUDJPY – 1H Timeframe πŸ”Ή Price is still trading above the rising dynamic support trendline πŸ”Ή This trendline has acted as a strong and reliable support multiple times πŸ”Ή Overall market structure remains Higher Highs & Higher Lows, confirming an uptrend πŸ“ˆ Primary Scenario (Bullish): As long as price holds above the dynamic support and the marked demand zone, any pullback or correction can be considered a πŸ‘‰ potential buy-the-dip opportunity. πŸš€ A clean breakout and consolidation above the highlighted resistance zone could open the door for further bullish continuation toward higher targets, as illustrated on the chart. ⚠️ Key Note The bullish structure remains intact for now. Only a confirmed break below the dynamic support would invalidate this bullish scenario. ❗️ Disclaimer ❗️ This analysis reflects personal opinion only and is not financial advice ❗️ Always apply proper risk management and trade according to your own strategy πŸ“Š What’s your view? πŸ”˜ Bullish continuation toward higher levels πŸš€ πŸ”˜ Deeper correction before continuation ⏳ πŸ‘‡ Share your thoughts in the comments β€” happy to hear your perspective! 🏷️ Tags #AUDJPY #Forex #TechnicalAnalysis #PriceAction #TrendTrading #JPY #BuyTheDip #SupportResistance #TradingView #SmartMoney πŸ’šπŸ“ˆ Trade safe and stay profitable!