BUY AUDJPY – 108.601

Technically the pair has completed a gap fill and formed an equal‑high‑low sweep around 108.60, indicating a reversal of the short‑term downtrend. Multi‑timeframe analysis shows a bullish bias on the H4 chart despite a broader bearish MTF context, and the structure stop below 108.48 confirms the key support level. Volume is unusually high, reinforcing the strength of the move. Fundamentally, upcoming RBA minutes are likely to signal a neutral‑to‑hawkish stance, supporting the AUD, while the yen remains under pressure from a strong US dollar and muted Japanese inflation data, creating a risk‑on environment favorable to the Aussie. Combining these technical and fundamental factors yields a high‑confidence, high‑conviction long trade with clear entry, stop‑loss, and tiered profit targets.