Published: 2025-08-14T06:30:07.000Z
Chart AUD/JPY Update: Extending pullback from 96.85 high
Technical Analyst
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Sharp pullback see prices rotating lower from Tuesday's 96.85 high towards support at the 95.60, May high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.70 | * | 50% 2024/2025 fall | S1 | 95.60 | * | May high | |
| R3 | 97.40 | ** | 15 Jul high | S2 | 94.90 | ** | 4 Aug low | |
| R2 | 97.00 | * | congestion | S3 | 94.00 | * | congestion | |
| R1 | 96.85 | ** | 12 Aug high | S4 | 93.25 | * | 16 Jun low |
Asterisk denotes strength of level
06:20 GMT - Sharp pullback see prices rotating lower from Tuesday's 96.85 high towards support at the 95.60, May high. Below this will expose strong support at the 94.90 low of last week to retest. Break of the latter will extend the broader losses from the June high at 97.40 to retrace gains from the 92.00 level. Lower will see room to the 94.00 congestion and 93.25 support. Meanwhile, resistance is at the 96.85 lower high which should sustain losses from the 97.40, July high.