Published: 2026-03-11T06:54:24.000Z
Chart AUD/JPY Update: Extending gains
1
Extending bullish break of the 112.00 high of last week to reach fresh high at 113.62
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 112.00 | * | 3 Mar high | |
| R3 | 116.00 | * | congestion | S2 | 110.80 | ** | 9 Feb high | |
| R2 | 115.00 | * | congestion | S3 | 110.00 | * | congestion | |
| R1 | 113.62 | intraday high | S4 | 109.00 | ** | congestion, Jan high |
Asterisk denotes strength of level
06:45 GMT - Extending bullish break of the 112.00 high of last week to reach fresh high at 113.62 and extend steep gains from the 96.25 October low. Bullish structure keep focus on the upside and break above the 114.00 level will see room to 115.00/116.00 congestion area. However, deep overbought daily studies caution corrective pullback with support starting at the 112.00 high of 3 March. Would take break here to see correction to strong support at the 110.80 /110.00 congestion area and 109.00, January high.