AUD/JPY – 30M – SELL

The AUD/JPY 30-minute chart is flashing a dense cluster of bearish signals, all pointing in the same direction. A Trendline Break Down confirms the prevailing downtrend, while the Falling Wedge and Bear Flag patterns suggest continuation rather than reversal. The RSI is in oversold territory on entry, but the STOCHF KD Cross Up hints at a short-term bounce that could offer a better entry for sellers. The broader picture is firmly bearish, with solid to very strong trend scores across the 15m through 8h timeframes, and the daily chart is just beginning to form a downtrend. This alignment across multiple horizons gives the sell signal strong conviction.

The nearest resistance sits at 112.61100, a level that could act as a ceiling for any corrective bounce. With no immediate support defined, the path of least resistance is lower. The confluence of chart patterns, trendline breaks, and momentum oscillators all exiting oversold/overbought extremes in bearish fashion reinforces the idea that sellers are in control. However, the oversold RSI and the short-term STOCHF cross warn of a possible pullback, so patience may be key. A break back above the trendline or a sustained move above 112.61100 would challenge the bearish thesis.