• The Aud/JPY was negotiated near the area of ​​88.50 on Monday, sliding down with a modest bearish impulse.
• The technical indicators point to a mostly bassist structure, with the price still well below key mobile socks.
• The resistance looms at 89.57 and beyond, while the bearish impulse is reinforced by negative MACD and impulse readings.

The Aud/JPY pair extended its soft tone on Monday before the Asian session, relieving towards the area of ​​88.50. In spite of a slight daily descent, the pair continues to be caught in a broader bearish trend, quoting well below its key mobile socks. Although intradic volatility was contained, the technical background reflects a persistent bearish pressure.

Daily graph

Impulse indicators remain inclined downward. The convergence/divergence indicator of mobile socks (MACD) emits a sales signal. The relative force index (RSI) is 25.57, suggesting neutrality but approaching the overall territory. Although the raw material channel index (CCI) in -309.10 may imply potential purchase conditions, the broader trend is clearly bassist.

Mobile socks reinforce this vision. The single mobile average (SMA) of 20 days in 93,546, the 100 -day at 96,303 and the 200 -day in 98,266 have all a descending slope, indicating a sustained sale pressure. The 10 -day exponential (EMA) mobile average and the 10 -day SMA, both located above 92.00, also point down, further limiting rising attempts.

The key resistance is found in 89,578, followed by 90,944 and the EMA of 10 days about 92,169. Down, a greater support can be developed closer to the lower limit of the recent range about 86.13, if the sale extends. While overall signs can trigger a break, the lower resistance path remains down.