audjpy buy side entry

Wait 5 sec.

audjpy buy side entryAustralian Dollar vs Japanese YenVANTAGE:AUDJPYjakleito70AUD/JPY 1H — Failed Breakdown and Potential Bullish Recovery AUD/JPY has rebounded sharply after briefly breaking below the early-October support area near 108.63–108.70. I’m watching whether this move develops into a failed breakdown and a broader recovery. The immediate area to watch is 109.90–110.00. Holding above this zone and forming a higher low would strengthen the bullish scenario. Potential upside levels: • 110.50–110.60: previous swing highs. • 111.00–111.10: the recent October peak. • 112.30: the larger resistance area marked on the chart. My projected path toward 112.30 is a scenario, not a confirmed outcome. A rejection around 110.00 would weaken the immediate setup, while a sustained break below 108.63 would undermine the broader recovery idea. The chart also distinguishes two different risk levels: the tight trade stop near 109.88 and the wider structural support near 108.63. A short-term trade can fail while the broader recovery scenario remains possible. This is my personal chart interpretation, not a guaranteed price forecast.