Published: 2025-10-15T07:23:55.000Z
Chart AUD/JPY Update: Consolidating at 97.84 support
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Steadied at the 97.84 support as prices consolidate sharp pullback from the 100.95 high
| 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
07:20 GMT - Steadied at the 97.84 support as prices consolidate sharp pullback from the 100.95 high. However, pressure remains on the downside and see scope for break here to open up room for deeper pullback to retrace the April/October rally. Lower will see room to the strong support at the 97.40/97.00, July high and congestion area. Below this will see room for extension 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.