Published: 2026-03-09T07:36:27.000Z
Chart AUD/JPY Update: Still supported at the 110.00 level
1
Little change, as prices extend ranging action above the 110.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 115.00 | * | congestion | S1 | 110.00 | * | congestion | |
| R3 | 114.00 | * | congestion | S2 | 109.00 | ** | congestion, Jan high | |
| R2 | 113.00 | * | congestion | S3 | 107.70 | ** | 13 Feb low | |
| R1 | 112.00/09 | ** | congestion, 3 Mar YTD high | S4 | 106.70 | * | 13 Jan high |
Asterisk denotes strength of level
07:30 GMT - Little change, as prices extend ranging action above the 110.00 level following pullback from the 112.00 high last week. Daily studies are unwinding overbought readings and suggest scope for break of the 110.00 level to open up room for deeper pullback to correct strong gains from the 86.05, April 2025 year low. Lower will see room to the strong support at the 109.00 congestion and 108.00/107.70 area. Meanwhile, resistance at the 112.00/09 congestion and 3 March current year high expected to cap. Break, if seen, will open up room for extension to the 113.00/114.00 congestion area.