Published: 2026-01-02T07:44:38.000Z
Chart AUD/JPY Update: Poised for retest of 2025 year high
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Consolidation at the 104.40 support see pressure returning to the upside to retest the 105.22, December 2025 year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 108.00 | * | congestion | S1 | 104.40 | * | 9 Dec high | |
| R3 | 107.00 | * | congestion | S2 | 104.00 | * | congestion | |
| R2 | 106.00 | * | congestion | S3 | 103.00 | * | congestion | |
| R1 | 105.22 | ** | 29 Dec 2025 year high | S4 | 102.50/00 | ** | Nov high, congestion |
Asterisk denotes strength of level
07:35 GMT - Consolidation at the 104.40 support see pressure returning to the upside to retest the 105.22, December 2025 year high. Bullish price action highlights scope for break to further extend gains from the April 2025 year low. Clearance will see room for extension to the 106.00/107.00 congestion area. However, overbought daily and weekly studies caution corrective pullback within the rising wedge pattern. Would take break of support at the 104.40/104.00 area to open up room for deeper pullback to strong support at the 103.00 congestion and 102.50/00 area.