AUD/JPY Down 0.5% as Bearish Momentum Persists
The Australian Dollar against the Japanese Yen (AUD/JPY) has seen a decline of 0.5% today, driven by persistent technical momentum and mounting selling pressure.
This downward trend is supported by a consistently bearish structure, with the pair remaining below all major moving averages.
The AUD/JPY price prediction suggests consolidation between ¥110.03 and ¥111.51 over the next five trading days, with a strong likelihood of further decline.
The pair's technical indicators confirm downside strength, with weak buying momentum and intraday volatility concentrated near session lows.