Published: 2026-07-27T06:52:06.000Z
Chart AUD/JPY Update: Extending gains
1
Break above the 114.00 level see prices extending gains from 111.30/15 lows
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 114.00 | * | congestion | |
| R3 | 116.00 | * | congestion | S2 | 113.50/00 | * | congestion | |
| R2 | 114.90 | ** | 2 Jun YTD high | S3 | 112.00 | * | congestion | |
| R1 | 114.70 | * | Apr high | S4 | 111.30/15 | ** | 30 Apr, 2 Jul lows |
Asterisk denotes strength of level
06:50 GMT - Break above the 114.00 level see prices extending gains from 111.30/15 lows and see room for retest of the 114.70/90, April and June current year high. Deep overbought daily studies suggest reaction here likely, but a later break cannot be ruled out to extend strong gains from the April 2025 year low. Clearance, will see room for extension to extend gains from the 2020 year low to target the 116.00/118.00 congestion area. Meanwhile, support is raised to 114.00 level which should underpin and sustain bounce from the 111.30/15 lows.