Published: 2026-04-29T07:27:36.000Z
Chart AUD/JPY Update: Consolidating at 114.70 fresh year high
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Consolidating gains to fresh year high at 114.70 following break above the 114.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 113.65 | * | 23 Apr low | |
| R3 | 116.00 | * | congestion | S2 | 113.00 | ** | 15 Apr low | |
| R2 | 115.00 | * | congestion | S3 | 112.00 | * | congestion | |
| R1 | 114.70 | ** | 28 Apr YTD high | S4 | 110.80 | * | 9 Feb high |
Asterisk denotes strength of level
07:25 GMT - Consolidating gains to fresh year high at 114.70 following break above the 114.00 level. Higher, will see room to 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 and weekly studies caution corrective pullback with support raised to the 113.65/113.00 area. Break here will open up room for deeper pullback to retrace gains from the 108.80 March swing low to support at the 112.00 congestion and 110.80, 9 February high.