Published: 2026-07-21T07:15:33.000Z
Chart AUD/JPY Update: Focus on 114.90 June high
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Pressuring resistance at the 114.00 congestion as prices extend gains from support at the 111.30 low of 30 April
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 113.00 | * | congestion | |
| R3 | 116.00 | * | congestion | S2 | 112.00 | * | congestion | |
| R2 | 114.90 | ** | 2 Jun YTD high | S3 | 111.30 | ** | 30 Apr low | |
| R1 | 114.00 | * | congestion | S4 | 110.80 | * | 9 Feb high |
Asterisk denotes strength of level
07:10 GMT - Pressuring resistance at the 114.00 congestion as prices extend gains from support at the 111.30 low of 30 April. Break here will return focus to the 114.90 June current year high. Overbought daily studies suggest reaction here likely but positive weekly studies highlight scope for break to extend gains from the 2020 year low to target the 116.00/118.00 congestion area. Meanwhile, support is raised to 113.00 level which should underpin and sustain bounce from the 111.30 low.