AUDJPY
Trade Levels
Trade Analysis
The trade combines several technical signals: a fair‑value‑gap midline acting as a magnet, an equal high‑low sweep suggesting a reversal, and a recent volume spike confirming buying pressure, while OBV shows a short‑term conflict that is outweighed by clear structural support at 107.97. Multi‑timeframe analysis reveals a bearish bias on higher frames but a bullish 23% signal on the H4, creating a classic liquidity‑sweep setup. Fundamentally, RBA minutes downplay the USD sell‑off’s impact on the AUD and hint at easing financial conditions, and the slowdown in Canadian CPI reduces dollar strength, further favouring the AUD. This confluence supports a long entry at 108.091 with a tight stop at the structural low and staged profit targets at 108.175, 108.247 and 108.391.
