BUY AUDJPY – 109.74

AUDJPY

Trade ID: audjpybuy202602040419 | Execution: 443779
Status
WON
Direction
BUY
Entry Price
109.74
Targets Hit
3 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
109.74
0
Filled
Feb 4, 2026 4:20 AM
Stop Loss
109.592
14.8
Not Hit
-
Take Profit 1
109.829
8.9
HIT
2026-02-04 05:07:00
Take Profit 2
109.932
19.2
HIT
2026-02-04 06:12:00
Take Profit 3
110.109
36.9
HIT
2026-02-04 08:07:00

Trade Analysis

Strategy & Reasoning
Strategy
Breakout
Reason
Bullish technical confluence (97% H4 alignment) with false-break pattern trapping sellers alongside RBAs hawkish surprise strengthening AUD carry appeal amidst improving global risk sentiment.
Details

AUDJPY buy targets bullish continuation post-Asian false break that swept liquidity below equal highs. Technicals show strong HTF alignment (bullish daily/weekly structure) with SL placed below key swing low. Fundamentals reinforced by RBAs unexpected 25bp hike - the first in 2 years - contrasting with tempered JPY strength despite Japans PMI rebound (Services 53.7 vs prior 51.6). Risk-on sentiment via NASDAQ/Dax recovery and metals sell-off reversal supports carry trades. Though OBV divergence presents caution, the confluence of institutional orderflow (sweep pattern), hawkish RBA narrative shift, and equity market strength overpower this conflict. Multiple TP levels align with prior resistance zones and measured move projections from consolidation range.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Asian False Break Pattern & Equal High-Low Sweep at key support
Fundamental Sentiment
Hawkish RBA rate hike to 3.85% + Strong AU CPI vs Improved Japan PMIs
Confidence Score
83
Trade Conviction
High
Reasoning Completeness
High
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