The AUD/JPY cross has extended its losing streak, now marking five consecutive days of decline. Trading around the 98.40 level during European hours on Wednesday, market momentum appears weak. The 14-day Relative Strength Index (RSI) currently reflects a bearish trend, remaining above 30. Traders should consider these factors as they navigate this market decline. Identifying potential reversal points could provide traders with strategic opportunities even as the pair shows weakness.