AUDJPY-Bullish

81
🔗 Macro Confluence (as of Aug 18, 2025):
AUD Fundamentals:
Aussie supported by risk-on tone and commodity stability (iron ore prices firm)
RBA likely to hold or slow hikes – neutral to mild bullish
JPY Fundamentals:
BoJ remains dovish with intervention fears fading
Japanese economy showing soft inflation and stagnant wage growth
Seasonals & COT:
AUD positioning rising gradually
Yen remains short-heavy → bullish cross-pair bias


After creating a double bottom, price broke the minor structure high (HL) near 95.80
Price now pulling back for a possible retest of previous structure + fib zone
Entry at 0.618 aligns with:
Fib support
Former resistance turned support
Bullish momentum on RSI

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.