AUD/JPY – 2H – SELL

AUD/JPY is firing a dense cluster of bearish signals on the 2H timeframe, led by a Trendline Break Down and a Bear Flag continuation pattern. The move is reinforced by momentum oscillators (STOCHF KD Cross Down, WILLR entering oversold on entry, BOP Zero Cross Down) and a broad retreat from key moving averages (EMA Retreat Down, MA Retreat Down) plus a higher-timeframe trendline retreat. With 15 signals across indicator, chart pattern, Fibonacci, trendline, and candlestick groups, the confluence is unusually strong.

The trend structure supports the sell: the 2H and 4H timeframes show very strong and extremely strong bearish trends (4/5 and 5/5), while the 1H is solidly bearish. However, the 15M is choppy/sideways and the 1D is only trend-forming, so the immediate momentum may be uneven. The nearest resistance at 114.66700 is the key invalidation zone—a reclaim of that level would negate the bear flag. The nearest support at 110.26900 is the primary downside objective, though intermediate levels may offer partial targets.