AUD/JPY – 1H – SELL

The 1H AUD/JPY chart has fired a dense cluster of bearish signals, including a Double Top, Rising Wedge, and multiple trendline breaks (both up and down), alongside momentum and moving-average retreats. Together, these indicate a strong shift from bullish to bearish momentum, with sellers taking control after a failed upside push. The confluence of chart patterns and indicator signals on the 1H timeframe suggests a high-probability short setup, supported by a very strong signal strength.

Across timeframes, the short-term bias is clearly bearish, with 15m, 30m, and 1h all showing solid downtrends (3/5). However, the medium-term picture is mixed: 2h is bearish but still forming, while 4h, 8h, and 12h remain bullish, indicating that the bearish move is currently a correction within a larger uptrend. The daily timeframe is bearish but only forming (2/5), adding some uncertainty. Key levels to watch: immediate resistance at 113.606, and support at 112.742. A break below support could accelerate the decline, while a reclaim of resistance would invalidate the bearish setup.