Published: 2026-02-20T06:57:18.000Z
Chart AUD/JPY Update: Consolidating below 110.00
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Bounce from support at the 108.00/107.80 congestion area has seen gains to approach the 110.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 113.00 | * | congestion | S1 | 108.00 | * | congestion | |
| R3 | 112.00 | ** | congestion | S2 | 107.80 | ** | congestion, 2007 high | |
| R2 | 110.80 | ** | 9 Feb YTD high | S3 | 106.70 | * | 14 Jan high | |
| R1 | 110.00 | * | figure | S4 | 106.00 | * | congestion |
Asterisk denotes strength of level
06:50 GMT - Bounce from support at the 108.00/107.80 congestion area has seen gains to approach the 110.00 level. Above this will see scope for retest of the 9 February current year high at 110.80 where reaction can be expected. Clearance, if seen, will extend the broader gains from the 2020 year low and see room to the 112.00/113.00 congestion area. Meanwhile, support at the 108.00/107.80 support should underpin. Would take break here to fade the upside pressure and open up room for deeper pullback retrace strong gains from the 86.00, April 2025 year low.