Published: 2025-10-30T06:53:15.000Z
Chart AUD/JPY Update: Extending gains
1
Break above the 100.00 level has seen gains to retest the 100.95 current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.00 | congestion | S1 | 99.50 | * | congestion | ||
| R3 | 102.40 | ** | 7 Nov 2024 high | S2 | 98.42 | * | Sep high | |
| R2 | 101.50 | * | 20 Nov 2024 high | S3 | 97.40/00 | ** | Jul high, congestion | |
| R1 | 100.95 | ** | 9 Oct YTD high | S4 | 96.25 | * | 17 Oct low |
Asterisk denotes strength of level
06:45 GMT - Break above the 100.00 level has seen gains to retest the 100.95 current year high. Clearance here will extend bullish gains from the April low and see room to the 101.50 resistance and 102.40, November 2024 high. Would expect reaction at these level as daily studies push deep into overbought areas. Clearance, will further retrace losses from the 109.35, July 2024 year high. Meanwhile, support is at the 99.50 congestion. Would take break here to fade the upside pressure and see room for deeper pullback to 98.42 and 97.40, September/July highs.