Published: 2025-11-06T07:49:27.000Z
Chart AUD/JPY Update: Room for deeper pullback from 101.00/20 highs
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No follow-through on break of the 99.50 support but overbought daily studies suggest scope for deeper pullback from the 101.20 current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.00 | congestion | S1 | 99.50 | * | congestion | ||
| R3 | 102.40 | ** | Nov 2024 high | S2 | 98.40 | * | Sep high | |
| R2 | 101.50 | * | congestion | S3 | 97.40/00 | ** | Jul high, congestion | |
| R1 | 101.20 | * | 30 Oct YTD high | S4 | 96.25 | * | Oct low |
Asterisk denotes strength of level
07:40 GMT - No follow-through on break of the 99.50 support but overbought daily studies suggest scope for deeper pullback from the 101.20 current year high and channel resistance from the July 2024 year high. Lower will see room to support at 98.40 and 97.40, September and July highs. Below these will open up room for deeper pullback to retrace the April/October rally. Meanwhile, resistance at the 101.00 and 101.20, October current year highs are expected to cap. Break, if seen, will open up room for extension to 102.40, November 2024 high.