AUD/JPY Analysis

Wait 5 sec.

AUD/JPY AnalysisAUD/JPYOANDA:AUDJPYMarketStrategysignals๐Ÿ“Š AUD/JPY Analysis: Bearish Breakdown Loading? ๐Ÿปโš ๏ธ The chart shows AUD/JPY (1H) trading inside a well-defined range after a strong bullish trend. Price has repeatedly failed to break above the 112.80 resistance, indicating that buyers are losing momentum. ๐Ÿ” Key Technical Outlook ๐ŸŸจ Range-bound market below major resistance (112.80). ๐Ÿšซ Multiple rejections from resistance suggest seller dominance. ๐Ÿ“ฆ Price is hovering above the Fair Value Gap (FVG) and Order Block, which act as key support. ๐Ÿ”„ A minor bullish pullback is possible before the next impulsive move. ๐Ÿ“‰ A confirmed break below the FVG (โ‰ˆ112.20) would likely trigger a move into the Order Block (โ‰ˆ112.00). ๐ŸŽฏ Trading Bias ๐Ÿป Bias: Bearish โœ… Sell Zone: Near 112.45โ€“112.55 if rejection appears. ๐ŸŽฏ Target 1: 112.20 (FVG) ๐ŸŽฏ Target 2: 112.00 (Order Block) ๐Ÿ›‘ Invalidation: A strong breakout and close above 112.80 would invalidate the bearish scenario and favor further upside. ๐Ÿ’ก Conclusion: AUD/JPY is showing signs of distribution beneath a strong resistance level. Unless buyers reclaim 112.80, the probability favors a bearish continuation toward the FVG and Order Block support zones. ๐Ÿ“‰