Published: 2026-04-16T06:55:30.000Z
Chart AUD/JPY Update: Fresh multi-year high
1
Break above the 114.00 level see prices extending gains from the 108.80 March low to reach fresh multi-year high at 114.20
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 113.00 | * | congestion | |
| R3 | 116.00 | * | congestion | S2 | 112.00 | * | congestion | |
| R2 | 115.00 | * | congestion | S3 | 110.80 | * | 9 Feb high | |
| R1 | 114.20 | intraday high | S4 | 108.80 | ** | Mar low |
Asterisk denotes strength of level
06:50 GMT - Break above the 114.00 level see prices extending gains from the 108.80 March low to reach fresh multi-year high at 114.20. Bullish structure from the April 2025 low keep pressure on the upside and higher will see room for extension to 115.00/116.00 congestion area. However, stretched daily studies caution correcive pullback with support raised to the 113.00/112.00 congestion area which is expected to underpin. Would take break here to open up room for deeper correction to support at the 110.80/110.00 area and 108.80, March swing low.