AUDJPY Price Outlook – Trade SetupAUD/JPYOANDA:AUDJPYATFX_Global🌐Macro Background Monetary Policy Expectations: Markets are pricing in an approximately 73% probability of a Bank of Japan (BoJ) interest rate hike this month. Australia’s latest GDP and inflation data came in well above market expectations. Traders quickly reassessed the likelihood of a fourth RBA rate hike this year. However, the RBA is still widely expected to leave interest rates unchanged at its next policy meeting. Carry Trade Unwinding & Intervention Fears: A sharp surge in the Japanese yen has triggered widespread carry-trade liquidations amid heightened risks of direct currency intervention by the Ministry of Finance (MoF). 📊Technical Structure AUD/JPY has retreated sharply from the 115.00 channel highs, printing a steep multi-session decline. Resistances: 112.95 – 113.27 Supports: 111.91 – 111.58 🎯Trade Setup(Bearish continuation / Sell on pullback) Entry Zone: 112.95 – 113.27 Take Profit: 111.91 – 111.58 Stop Loss (SL): above 113.50 ❌Invalidation A close back above 113.30 neutralises the immediate bearish momentum. 📝Trade Summary Look to short corrective bounces toward 112.95–113.27 or trade the breakdown below channel support (112.40), targeting a test into the 111.91 – 111.58 support zone. ⚠️Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.