AUD/JPY H1 Analysis – Bearish Rejection at Resistance AUD/JPYOANDA:AUDJPYMarketStrategysignals# 📊 AUD/JPY H1 Analysis – Bearish Rejection at Resistance 🐻 ### 🔍 Market Structure AUD/JPY remains in an overall **uptrend**, but price has reached a **major resistance zone (113.50–113.60)** where sellers are showing strong interest. ### ⚠️ Key Observations ✅ Price reacted sharply from resistance. ✅ Previous **CHoCH (Change of Character)** suggests weakening bullish momentum. ✅ Current rally appears to be a **retest of supply/resistance**. ✅ A bearish **Order Block** sits around **112.70–112.60**, acting as the next downside target. ### 🎯 Trading Scenario 🐻 **Bearish Bias:** * Rejection below **113.50–113.60** could trigger a move lower. * Targets: * 🎯 **112.75** (Order Block) * 🎯 **112.60** (Support) * 🎯 **112.03** (Major Lower Level) 🐂 **Bullish Invalidation:** * A strong H1 close above **113.60** would invalidate the bearish setup and open the path toward **113.80–114.00**. ### 💡 Conclusion 📉 **Resistance remains in control.** Unless buyers break above **113.60**, the probability favors a pullback toward the marked support and order block zone. 🚀➡️📉