AUD/JPY Intraday Signal: Downside Prevails While Below 96.52
Analyses:
AUD/JPY remains under pressure as long as it stays below the key resistance level at 96.52. Although the RSI is in oversold territory (below 30), indicating potential for a short-term retracement, the overall configuration remains negative. The MACD is below its signal line and in negative territory. Additionally, the price is trading below both the 20- and 50-period moving averages (96.47 and 96.60), confirming a bearish bias. If 96.52 holds, the pair is expected to drop toward 96.10 and 95.73. A break above 96.52 could trigger recovery toward 96.78 and 96.94.
Enter: 96.30
SL: 96.78
Target A: 95.95
Target B: 95.73
🟢 Signal Result – AUD/JPY
🎯 Target A reached at 95.95, delivering a +35 pips profit from the entry at 96.30.
The trade was fully closed at Target A, with no further exposure toward Target B (95.73) due to risk considerations.
We’ll continue to monitor AUD/JPY for upcoming bearish setups below 96.52.