AUD/JPY – 12H – SELL

The AUD/JPY 12H chart has fired a dense cluster of bearish signals, led by a Trendline Break Down and reinforced by APO and BOP zero-cross downs. Momentum is firmly negative, with the SMA 50, ALMA, and MAMA price all retreating downward, while Fibonacci retracement levels also point to a downtrend. The Bollinger Bands Lower Retreat Up signal suggests price bounced off the lower band, but the overall structure remains bearish, with sellers defending overhead supply.

Across timeframes, the bearish bias is consistent from 30m through 8H, with very strong trends on 2H and 4H, and a solid trend on 8H. The 12H is still trend-forming, and the 1D is choppy, which caps conviction. Price is trading between nearest resistance at 114.956 and support at 109.231, with the bias favoring a move lower toward support. A break below support would extend the sell-off, while a reclaim of resistance would invalidate the bearish setup.