Published: 2026-07-03T07:15:15.000Z
Chart AUD/JPY Update: Consolidating, but still heavy
4
Steady in range above the 111.30 support but consolidation here expected to give way to renewed selling pressure later
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 114.90 | ** | 2 Jun YTD high | S1 | 111.30 | ** | 30 Apr low | |
| R3 | 114.00 | * | congestion | S2 | 110.80 | * | 9 Feb high | |
| R2 | 113.50 | ** | 15 Jun high | S3 | 110.00 | congestion | ||
| R1 | 112.00/50 | * | congestion | S4 | 108.80 | ** | Mar low |
Asterisk denotes strength of level
07:10 GMT - Steady in range above the 111.30 support but consolidation here expected to give way to renewed selling pressure later to extend losses from the 114.90 June high. Break will confirm a double top in place at the 114.70/114.90 April/June highs see deeper pullback to retrace strong gains from the April 2025 year low. Lower will see room to support at the 110.80/110.00 area. Below this will turn focus to the 108.80 March low. Meanwhile, resistance at the 112.00/112.50 congestion area expected to cap.