AUD/JPY Bearish Continuation Setup

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AUD/JPY Bearish Continuation SetupAUD/JPYOANDA:AUDJPYMarketStrategysignals๐Ÿ“‰ AUD/JPY Bearish Continuation Setup ๐Ÿ”ป ๐Ÿ” Market Overview AUD/JPY remains in a clear bearish trend, trading below the descending trendline after a confirmed Break of Structure (BOS). Price is currently consolidating near support while respecting bearish market structure. ๐Ÿ—๏ธ Key Technical Factors โœ… Bearish BOS confirmed around 112.10โ€“112.20 โœ… Order Block (OB) identified at 111.95โ€“112.25 โœ… Price remains below the major supply zone at 113.00โ€“113.45 โœ… Lower highs and lower lows continue to dominate ๐ŸŽฏ Trade Scenario ๐Ÿ“Œ Expect a retracement into the Order Block (112.00โ€“112.20) ๐Ÿ”น Entry Zone: 111.95 โ€“ 112.20 ๐Ÿ”น Stop Loss: Above 112.50 ๐Ÿ”น Target 1: 111.00 ๐Ÿ”น Target 2: 110.50 ๐Ÿ”น Target 3: 110.20 โš ๏ธ Invalidation A strong bullish close above 112.50 could weaken the bearish outlook and open the path toward the higher supply zone. ๐Ÿ“Š Conclusion ๐Ÿป Bias: Bearish The preferred setup is a pullback into the Order Block followed by rejection, targeting fresh lows as the downtrend remains intact. ๐Ÿš€๐Ÿ“‰