Published: 2025-12-09T06:44:31.000Z
Chart AUD/JPY Update: Extending gains
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Extending break of the 102.00/40 resistance to reach fresh year high above the 103.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 107.00 | * | congestion | S1 | 103.00 | * | congestion | |
| R3 | 106.00 | * | congestion | S2 | 102.40/00 | * | congestion | |
| R2 | 104.50/00 | * | congestion, Apr 2024 high | S3 | 101.20/00 | ** | Oct highs | |
| R1 | 103.85 | * | 76.4% 2024/Apr fall | S4 | 100.00 | * | congestion |
Asterisk denotes strength of level
06:40 GMT - Extending break of the 102.00/40 resistance to reach fresh year high above the 103.00 congestion. Higher see room to further retrace losses from the July 2024 year high to target 103.85, 76.4% Fibonacci level. Break here, if seen, will open up room to the 104.50/105.00 congestion and the April 2024 high. Meanwhile, support is raised to the 103.00 congestion which extend to the 102.40/00 congestion area. This area should now underpin and only below this will fade the upside pressure and see room for deeper pullback to the 101.20/00 October highs.