AUD/JPY – 30M – SELL

The AUD/JPY 30-minute chart has fired a dense cluster of bearish signals, all pointing to a short-term pullback within a broader downtrend. The combination of a Trendline Retreat Down, Bearish Engulfing candlestick, and Resistance Level Retreat Down indicates that price has been rejected from a key resistance zone, with sellers stepping in. The Fibonacci Retreat DownTrend (79%) suggests the retracement has reached a deep level, increasing the odds of a reversal. Momentum indicators—BOP Zero Cross Down and STOCHF KD Cross Down—confirm that buying pressure is fading and that the short-term bias has flipped to bearish.

While the 30-minute and other intraday timeframes (15m, 2h, 4h) are still bullish but choppy, the higher timeframes (8h, 12h, 1d) are solidly bearish. This alignment suggests that the current sell signal is likely the start of a move that aligns with the larger trend. The nearest resistance at 112.567 is the key invalidation level; a break above it would negate the bearish setup. The immediate target is the nearest support at 112.067, which could act as a first profit-taking zone.