Published: 2025-11-26T07:59:35.000Z
Chart AUD/JPY Update: Pressure return to the upside
1
Regaining the 101.00 level see pressure returning to the upside and see room for retest of the 102.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 104.00 | * | congestion | S1 | 101.00 | * | congestion | |
| R3 | 103.85 | * | 76.4% 2024/Apr low | S2 | 100.00 | * | congestion | |
| R2 | 103.00 | * | congestion | S3 | 98.80 | ** | 5 Nov low | |
| R1 | 102.00/40 | ** | congestion, Nov 2024 high | S4 | 98.40 | ** | Sep high |
Asterisk denotes strength of level
07:50 GMT - Regaining the 101.00 level see pressure returning to the upside and see room for retest of the 102.00. Break here will see room for retest of the 102.40 high of November 2024 and see room to extend bounce from the 96.25 October low. Clearance here will see room for extension to target the 103.00/85, congestion and 76.4% Fibonacci level. Meanwhile, support is raised to the 101.00/100.00 congestion area which should underpin. Only below these will see room for pullback to strong support at the 98.80/98.40 area.