AUDJPY Breakdown Signals Deeper Correction: Key Zones to Watch
On the 4-hour chart, AUDJPY has broken out of a bearish formation, signaling strong downside momentum.
On Friday, the pair declined by nearly 180 pips—a move echoed across multiple XXXJPY pairs, triggered during the release of NFP data.
While the fundamental catalyst remains unclear, the technical setup supports a continuation of the bearish trend.
There’s a high probability that AUDJPY may retest the broken structure near the 96.00 level before extending its decline toward the projected zones of 94.30 and 92.50.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
On the 4-hour chart, AUDJPY has broken out of a bearish formation, signaling strong downside momentum.
On Friday, the pair declined by nearly 180 pips—a move echoed across multiple XXXJPY pairs, triggered during the release of NFP data.
While the fundamental catalyst remains unclear, the technical setup supports a continuation of the bearish trend.
There’s a high probability that AUDJPY may retest the broken structure near the 96.00 level before extending its decline toward the projected zones of 94.30 and 92.50.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.