BUY AUDJPY – 108.299

The trade is taken in the NY Afternoon Liquidity window (16:00-00:00 UTC) which historically shows a 73% win rate for reversal strategies. Price action at 108.299 shows a clear liquidity sweep to the 108.298 low, which has been defended as support, forming a potential reversal candle (hammer). Technical analysis reveals alignment across higher timeframes: Daily trend is bullish (price well above EMA 50/200 at 103.93/99.64), 1H trend is bullish (price above EMA 20/50 at 108.293/108.294), and 4H is in a minor pullback but holding above the 200 EMA (107.74). Fundamentally, the Australian jobs report (65.2k vs expectations) has strengthened AUD and raised RBA rate hike probability, while reduced geopolitical tensions have improved risk sentiment, supporting AUD/JPY. The combination of technical reversal pattern, multi-timeframe alignment, and strong fundamental drivers creates a high-conviction setup with a defined risk of 11 pips and potential reward of 10-25 pips, fitting the NY Afternoon Liquidity strategy parameters.