AUD/JPY Dives to Near 111.00 as Bearish Bias Persists

The AUD/JPY currency pair continued its downward trend, slipping to near 111.00 during early trading on [Date]. The bearish momentum persists below key technical barriers, according to market analysts.

The pair has been in a downtrend since [specific period if known], with sellers maintaining control below the 111.50 resistance level. As of [time and date], AUD/JPY was hovering around 111.00, reflecting a decline of approximately [X]% on the day.

Technical indicators suggest that the bearish bias remains intact as long as the pair stays below the 50-day moving average, which is currently near 111.80. A break below the immediate support at 110.80 could open the door for further losses toward the 110.00 psychological level.