Published: 2025-09-18T06:48:57.000Z
Chart AUD/JPY Update: Under pressure, room for deeper pullback
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Edging lower in consolidation beneath resistance at the 98.60, 2022 and 2023 year highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | * | figure | S1 | 97.40/00 | * | Jul high, congestion | |
| R3 | 99.50 | * | congestion | S2 | 96.00 | * | congestion | |
| R2 | 99.00/15 | ** | congestion, 7 Jan YTD high | S3 | 95.60 | ** | May high | |
| R1 | 98.60 | ** | 2022/2023 year highs | S4 | 95.00 | * | congestion |
Asterisk denotes strength of level
07:40 GMT - Edging lower in consolidation beneath resistance at the 98.60, 2022 and 2023 year highs. Prices are unwinding overbought daily studies and see room for pullback to support at 97.40/97.00, July high and congestion area. Would take break here to open up room for deeper pullback to retrace rally from the August low to support at the 96.00 congestion and 95.60, May high. Meanwhile, resistance at 98.60 is expected to cap. Clearance, if seen, will open up room to resistance at the 99.00/99.50 congestion.