AUD/JPY - Bullish Flag

[nihalsari]

🧠 Setup Overview:
AUD/JPY is forming a Bullish Flag Pattern on the 30-minute chart — a continuation setup suggesting potential upside momentum after consolidation. The price has respected the flag support zone and is attempting a breakout above the descending channel, signaling renewed bullish pressure.

Technical Plan: Pattern: Bullish Flag Pattern
Bias: Buy after confirmation breakout and retest
Support Zone: 100.650 – 100.700
Entry Zone: Near 100.850 – 100.900 (after breakout confirmation)

Targets:
1st Resistance: 101.460
2nd Resistance: 101.753

Invalidation: Close below 100.600 negates the bullish bias

Fundamental Insight (Today – 3 Nov 2025)

The AUD finds strength as China’s manufacturing PMI beats expectations, improving sentiment for commodity-linked currencies.

Meanwhile, the JPY remains under pressure due to continued Bank of Japan dovishness and yield differentials favoring risk assets.

Market tone is risk-on, further supporting bullish momentum in AUD/JPY.

️ Disclaimer:
This setup is shared for educational purposes only. It is not financial advice. Always do your own analysis and apply proper risk management before trading any setup.