AUDJPY breaks simple trendline with an expected change in trend

The long term trendline has broken for AUDJPY giving a compelling reason for further downside

Yen Carry Trade Unwind: In times of global financial stress, investors often unwind carry trades, which typically involve borrowing in low-yielding currencies like the JPY to invest in higher-yielding ones like the AUD. This would increase demand for JPY, strengthening it against the AUD.