AUD/JPY – 8H – BUY

The AUD/JPY 8H signal has fired a cluster of bullish momentum indicators, including APO Zero Cross Up, BOP Zero Cross Up, STOCHF KD Cross Up, and multiple moving-average retreats (EMA, KAMA, MA, MIDPOINT, T3). This suggests that after a pullback, buyers are stepping in and short-term momentum is turning upward. However, the higher timeframes (8H, 12H, 1D) remain bearish with solid trend scores, so this signal may represent a counter-trend bounce within a larger downtrend. The confluence of multiple indicators pointing up increases the likelihood of a short-term rally, but traders should be cautious about the overall bearish bias.

Key levels to watch are the nearest resistance at 114.658 and support at 109.231. A break above resistance could signal a stronger reversal, while a drop below support would invalidate the bullish case. The lower timeframes are choppy and mixed, so the signal's strength is primarily on the 8H chart. Given the conflicting higher timeframe trends, this signal should be treated as a tactical long opportunity rather than a trend reversal confirmation.