AUD/JPY H1 Analysis – Bearish Rejection at Resistance

Jun 18

# 📊 AUD/JPY H1 Analysis – Bearish Rejection at Resistance 🐻

### 🔍 Market Structure

AUD/JPY remains in an overall **uptrend**, but price has reached a **major resistance zone (113.50–113.60)** where sellers are showing strong interest.

### ⚠️ Key Observations

✅ Price reacted sharply from resistance.
✅ Previous **CHoCH (Change of Character)** suggests weakening bullish momentum.
✅ Current rally appears to be a **retest of supply/resistance**.
✅ A bearish **Order Block** sits around **112.70–112.60**, acting as the next downside target.

### 🎯 Trading Scenario

🐻 **Bearish Bias:**

* Rejection below **113.50–113.60** could trigger a move lower.
* Targets:

* 🎯 **112.75** (Order Block)
* 🎯 **112.60** (Support)
* 🎯 **112.03** (Major Lower Level)

🐂 **Bullish Invalidation:**

* A strong H1 close above **113.60** would invalidate the bearish setup and open the path toward **113.80–114.00**.

### 💡 Conclusion

📉 **Resistance remains in control.** Unless buyers break above **113.60**, the probability favors a pullback toward the marked support and order block zone. 🚀➡️📉

Jun 19

Trade active

📈 **AUD/JPY Update**

The bullish setup is playing out well, with price respecting support and continuing its move toward the resistance target zone. Momentum remains positive as long as support holds. 🎯🚀