AUDJPY Rejection Watch | Back on Our Radar
8.7.2026
AUDJPY is back on our Trigger Watch list after continuing its bearish trend following our recent profitable trade.
Price has now broken and closed below support before pulling back to retest that level as potential resistance, creating what appears to be the 4th leg of the downtrend.
We're not interested in chasing the move.
Instead, we're waiting for the market to come to us.
The first thing we want to see is a clear rejection from this resistance zone.
If that develops, we'll evaluate the remaining VMS 2.0 criteria:
✅ Market Structure
✅ Momentum Alignment
✅ Volume Confirmation
✅ Risk-to-Reward
Only if everything aligns will we consider taking the trade.
Until then, this remains a Trigger Watch market.
Preparation. Execution. Consistency.