AUD/JPY – 2H – SELL

The AUD/JPY 2H chart has fired a dense cluster of bearish signals, including Trendline Retreat Down, Trendline Break Down, and multiple zero-line crosses (BOP, CMO, DI, DM) alongside an RSI Midline Cross Down. This confluence indicates strong selling pressure and momentum shift to the downside on the 2H timeframe. The bearish alignment across lower timeframes (15m, 30m, 1h) supports the immediate downtrend, while the 2H itself is forming a trend. However, higher timeframes (4H to 1D) remain bullish, suggesting this is a counter-trend move within a larger uptrend. Key resistance at 114.658 has been rejected, and price is now testing support at 113.866. A break below this level could accelerate selling, while a bounce may signal a false breakout.

Traders should monitor the 113.866 support closely. If it holds, the bearish move may be a pullback within the broader bullish structure. The high signal probability (97%) and very strong strength underscore conviction, but the conflicting higher timeframe trend warrants caution. The invalidation level for this bearish view is a reclaim of the 114.658 resistance.