Published: 2025-10-17T06:52:23.000Z
Chart AUD/JPY Update: Extending losses
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Pullback from the 100.95 current year high to fill the gap at the 98.20/97.50 area see prices extending to the 97.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | * | figure | S1 | 97.00 | ** | congestion | |
| R3 | 99.50 | * | congestion | S2 | 96.30 | * | 5 Sep low | |
| R2 | 98.42 | ** | Sep high | S3 | 96.00 | * | congestion | |
| R1 | 97.85 | * | 10 Oct low | S4 | 95.60 | * | May high |
Asterisk denotes strength of level
06:40 GMT - Pullback from the 100.95 current year high to fill the gap at the 98.20/97.50 area see prices extending to the 97.00 level. Negative daily and weekly studies keep pressure on the downside and break here will see room to further retrace the April/October rally. Lower will see room for extension to support at the 96.30/96.00 area and 95.60, May high. Meanwhile, resistance is lowered to 97.85 low of last week and extending to the 98.42, September high. This area now expected to cap and sustain losses from the 100.95 high.