AUD/JPY Plunges on Persistent Bearish Trend and Technical Selling Pressure

The Australian Dollar (AUD) versus Japanese Yen (JPY) exchange rate has seen persistent technical selling pressure, driving it lower. The AUD/JPY pair remains firmly beneath its short-, medium-, and long-term moving averages.

This bearish trend is reinforced by a negative alignment across trend indicators, confirming sustained downside momentum. Key technical levels suggest that traders should monitor for potential acceleration of losses on any sustained move below ¥109.09 in the near term.

The current price of AUD/JPY stands at ¥110.27, with an over 80% probability of further downside unless ¥111.08 is reclaimed. Momentum indicators including the MACD, ADX, RSI, and CCI all reflect strong selling activity and an oversold condition.