Published: 2026-02-24T06:21:42.000Z
Chart AUD/JPY Update: Consolidating test of 110.00
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Consolidating test of the 110.00 level following bounce from support at the 108.00/107.80 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 113.00 | * | congestion | S1 | 108.00 | * | congestion | |
| R3 | 112.00 | ** | congestion | S2 | 107.80 | ** | congestion, 2007 high | |
| R2 | 110.80 | ** | 9 Feb YTD high | S3 | 106.70 | * | 14 Jan high | |
| R1 | 110.00 | * | figure | S4 | 106.00 | * | congestion |
Asterisk denotes strength of level
06:20 GMT - Consolidating test of the 110.00 level following bounce from support at the 108.00/107.80 area. Clearance here will see scope for retest of the 9 February current year high at 110.80 where reaction can be expected to unwind the overbought weekly studies. Break here, if seen, will extend the broader gains from the 2020 year low and see room to the 112.00/113.00 congestion area. Meanwhile, support at the 108.00/107.80 support underpinand see break here needed to fade the upside pressure and open up room for deeper pullback retrace strong gains from the 86.00, April 2025 year low.