AUD/JPY – 30M – BUY

The AUD/JPY 30-minute chart has fired a dense cluster of bullish signals, led by a Trendline Break Up and a BOP Zero Cross Up. This is reinforced by momentum oscillators (CCI, MOM, ROC, ROCR, STOCH) all crossing upward from oversold or zero-line conditions. The confluence of trendline, candlestick, fibonacci, and indicator groups suggests a short-term corrective bounce is underway within a broader bearish structure.

However, the higher timeframes remain firmly bearish: the 4-hour trend is extremely strong (5/5) and the 2-hour is very strong (4/5), while the 15-minute is choppy. This means the buy signal is counter-trend on the higher timeframes and should be treated as a scalp or a potential reversal only if higher-timeframe trend scores begin to weaken. The immediate upside target is the nearest resistance at 111.498, with support at 110.269 as the invalidation zone. A break above resistance would shift the bias, while a loss of support would negate the bullish setup entirely. Given the very strong probability (91%) but conflicting higher timeframe trend, traders should watch for momentum confirmation on the 1-hour chart before committing to larger positions.