AUDJPY INTRADAY capped by resistance at 94.45 The AUDJPY pair is in an overall downtrend, though currently experiencing a short-term oversold bounce back.
Key Resistance: 94.45 – A bearish rejection from this level could push prices lower.
Bearish Scenario: A break below 94.45 could lead to further declines toward 92.70, 92.00, and 91.70.
Alternatively a breakout above 94.45 and a daily close higher would negate a bearish outlook.
Upside Targets: 95.20, 95.70, and 96.20 if the bullish trend continues.
Conclusion: The trend remains bearish unless AUDJPY closes above 94.45, which would signal further upside risk.
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