From Breakdown to Breakout: AUD/JPY Flips Structure Above 92

27 mag

🟡 What happened recently?

At the beginning of April, AUD/JPY dropped to a low of 86, but by early May, the pair had surged over 600 pips, reclaiming the key 92 support level.

Most importantly, price reached a high of 95.50 — breaking well above the descending trendline that started back in July 2024.

📉 The recent pullback confirms the breakout

The drop from 95.50 wasn’t bearish — it was confirmation:

✅ Clear rejection from the 92 zone
✅ Former resistance now acting as strong support
✅ Market structure has shifted to bullish

📈 What’s next?

At the time of writing, AUD/JPY is trading around 92.76, and the structure suggests more upside ahead.

🧭 My strategy:
➡️ Buy dips toward 92.00
➡️ Target: 95.50 — the recent high

🚀 The breakout is confirmed, the trend has shifted, and the opportunity is clear.

Let the market do the work — we just need to stay aligned.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.

29 mag

Trade attivo

AudJpy started It s upward move from my 92 buy zone