Published: 2026-04-02T06:28:45.000Z
Chart AUD/JPY Update: Consolidating at 109.00, room for lower later
-
Little change, as prices holds a narrow range above 109.00 to consolidate losses from the 113.20, 18 March high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 114.00 | ** | 11 Mar YTD high | S1 | 109.00 | ** | Jan high | |
| R3 | 113.20 | * | 18 Mar high | S2 | 107.70 | * | 13 Feb low | |
| R2 | 111.50 | ** | 13 Mar low | S3 | 107.20 | * | 38.2% Oct/Mar rally | |
| R1 | 110.80 | * | 9 Feb high | S4 | 106.00 | * | congestion |
Asterisk denotes strength of level
06:25 GMT - Little change, as prices holds a narrow range above 109.00 to consolidate losses from the 113.20, 18 March high. However, pressure remains on the downside and lower will further retrace the October/March rally to support at the 108.00/107.70 area. Lower still, will see room to 107.20, 38.2% Fibonacci level. Meanwhile, resistance is lowered to the 110.80/111.50 area which is expected to cap. Regaining these will fade the downside pressure and return focus to the upside for retest of the 113.20 and 114.00, 18 and 11 March highs.