xauusd-technical-outlook-2026
15 May 2026
27 Mar 2026
📊 AUD/JPY — Technical Outlook
Price around 110.20
→ I see a mild bearish structure
📉 Trading inside descending channel
→ Short-term pressure still down
📈 Above 50 EMA
→ Bigger trend still supported
RSI mid-40s
→ Momentum fading
🔽 Support
• 109.80
• 109.67
• 107.73
🔼 Resistance
• 111.00
• 112.10
🎯 My View
Short-term → bearish / pullback
→ I sell rallies, not chase buys
But…
Above channel break → bullish again
🔥 Weak momentum = better entries on pullbacks.
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