Published: 2025-10-14T06:49:54.000Z
Chart AUD/JPY Update: Under pressure
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Under pressure as consolidation above the 97.84 low has met with selling pressure at the 99.50 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.40 | ** | Nov 2024 high | S1 | 97.84 | * | 10 Oct low | |
| R3 | 101.50 | * | congestion | S2 | 97.40 | * | Jul high | |
| R2 | 100.95 | ** | 9 Oct YTD high | S3 | 97.00 | ** | congestion | |
| R1 | 99.50 | * | congestion | S4 | 96.30 | * | 5 Sep low |
Asterisk denotes strength of level
06:45 GMT - Under pressure as consolidation above the 97.84 low has met with selling pressure at the 99.50 resistance. Break of the 98.42 support expose the 97.84 Friday's low to retest. Below this will open up room for deeper pullback to retrace the April/October rally to the strong support at the 97.40/97.00, July high and congestion area. Break here will see room to the 96.30/96.00 area. Meanwhile, resistance at 99.50 congestion is expected to cap and sustain losses from the 100.95 current year high.