AUD/JPY Defends Key Support, Breaks Downtrend
24 September 2025
In today’s technical analysis, let’s turn to AUD/JPY, where the pair staged an impressive move overnight. This surge was fueled by the hotter-than-expected inflation print from Australia: 3% vs 2.9% forecast. That surprise reading gave the Australian Dollar a meaningful boost, and technically, the pair responded right at a crucial area on the chart.
The key horizontal support, marked with a blue line around 97.25, held firmly. This level was already a major resistance back in July, and now it’s proving its importance once again as a support. Buyers stepped in aggressively here, confirming that this zone remains a decisive battleground for AUD/JPY.
On top of that, the upswing managed to pierce the red downtrend line, which had been containing the latest bearish correction. The combination of defending the blue horizontal support and breaking through the red dynamic resistance sets the stage for a proper buy signal. As long as the price holds above these levels, sentiment will remain firmly positive.