Published: 2025-10-27T08:07:00.000Z
Chart AUD/JPY Update: Extending gains
1
Gapped up opening above the 99.50 resistance see prices back to retest the 100.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.40 | ** | 7 Nov 2024 high | S1 | 99.50 | * | congestion | |
| R3 | 101.50 | * | 20 Nov 2024 high | S2 | 98.42 | * | Sep high | |
| R2 | 100.95 | ** | 9 Oct YTD high | S3 | 97.40/00 | ** | Jul high, congestion | |
| R1 | 100.00 | * | figure | S4 | 96.25 | * | 17 Oct low |
Asterisk denotes strength of level
08:00 GMT - Gapped up opening above the 99.50 resistance see prices back to retest the 100.00 level. Positive daily studies keep pressure on the upside and suggest scope to retest the 100.95, 9 October current year high, where reaction can be expected. Clearance, if seen, will turn focus to the 102.40 high of November 2024. Meanwhile, support is raised to the 99.50 congestion. Below this will see room for deeper pullback to the strong support at the 98.42/97.40, September and July highs.