Published: 2026-04-27T06:36:16.000Z
Chart AUD/JPY Update: Scope to extend gains
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Little change, as prices extend consolidation within a narrow range below the 114.35 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 113.00 | * | 15 Apr low | |
| R3 | 116.00 | * | congestion | S2 | 112.00 | * | congestion | |
| R2 | 115.00 | * | congestion | S3 | 110.80 | * | 9 Feb high | |
| R1 | 114.35 | ** | 17 Apr YTD high | S4 | 108.80 | ** | Mar low |
Asterisk denotes strength of level
06:30 GMT - Little change, as prices extend consolidation within a narrow range below the 114.35 high. Pressure remains on the upside and break here will further extend strong gains from the April 2025 year low and see room for extension to the 115.00/116.00 congestion area. However, overbought daily studies caution corrective pullback with support raised to the 113.00/112.00 congestion area. Would take break here to open up room for deeper pullback to support at the 110.80/110.00 area and the 108.80, March swing low.