AUDJPY
Trade Levels
Trade Analysis
The trade is entered at 108.137 after the price completed an equal‑high‑low sweep and filled a recent gap, signalling a short‑term bullish impulse. The H4 chart shows a 26 % bullish bias while the higher‑timeframe view is neutral, and the structure‑based stop at 108.017 protects against a breakdown. High trading volume confirms the move’s strength. Fundamentally, the RBA minutes highlighted persistent inflation pressures, keeping the AUD on the back of a relatively tighter monetary stance, while the latest Fed minutes and softer US inflation data have dented the dollar, creating a risk‑on environment that benefits the AUD. This confluence of technical pattern, volume, and macro bias justifies a multi‑target upside to 108.221, 108.293 and 108.437.
