AUD/JPY LONG IDEA AUD/JPYOANDA:AUDJPYPantosFX AUD/JPY Analysis (1H Chart) – Bullish Continuation Setup Market Structure: The pair is currently in a clear Bullish Trend, consistently forming Higher Highs and Higher Lows. Following the recent impulse move, we are now anticipating a healthy correction to find a better entry point. Key Technical Levels: Strong Support Zone: There is a significant support area between 108.600 and 108.900. This zone has historical significance (previous resistance turned into support), making it a high-interest area for buyers. Fibonacci: The identified support zone aligns perfectly with the 1H 0.50 Fibonacci retracement level. This "equilibrium" point increases the probability of a price bounce. Target: If the support holds, the primary target is a retest of the recent highs near the 110.000 psychological level. Execution Plan: I am not looking to "chase" the current price. I am waiting for a pullback into the shaded gray zone. I will be looking for bullish price action confirmation within this zone to initiate a long position.