AUDJPY Wave Analysis

AUDJPY: ⬇️ Sell

– AUDJPY reversed from resistance zone

– Likely to fall to support level 113.45

AUDJPY currency pair recently reversed from the resistance zone between the long-term resistance level 115.00 (which has been reversing the price from April) the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the previous intermediate impulse wave (3).

Given the strength of the resistance level 115.00 and the overbought daily Stochastic, AUDJPY currency pair can be expected to fall to the next support level 113.45.

AUDJPY Wave Analysis – 31 August 2026


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