Published: 2025-12-19T07:09:30.000Z
Chart AUD/JPY Update: Consolidating, room for lower later
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Turned up from the 102.40 support as prices consolidate losses from the 104.40 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 106.00 | * | congestion | S1 | 102.40/00 | * | congestion | |
| R3 | 105.00 | * | congestion, Apr 2024 high | S2 | 101.20/00 | ** | Oct highs | |
| R2 | 104.40 | ** | 9 Dec YTD high | S3 | 100.00 | * | congestion | |
| R1 | 103.00/20 | * | congestion | S4 | 98.82/80 | * | Nov low, congestion |
Asterisk denotes strength of level
07:00 GMT - Turned up from the 102.40 support as prices consolidate losses from the 104.40 high of last week and unwind oversold intraday studies. Consolidation see prices tracing out a flag pattern which is expected to give way to renewed selling pressure later. Lower will see room to the 102.00 level and where break will open up room for deeper extension to support at the 101.20/00, October highs, and the 100.00 level. Would take break above 104.40 high to extend the April low and see extension to 105.00/106.00, April 2024 high and congestion area.