Published: 2026-07-22T07:27:59.000Z
Chart AUD/JPY Update: Within reach of 114.90 June high
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Consolidation below the 114.00 level has given way to break to extend gains from 111.30 low of 30 April
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | * | congestion | S1 | 113.50 | * | congestion | |
| R3 | 116.00 | * | congestion | S2 | 113.00 | * | congestion | |
| R2 | 114.90 | ** | 2 Jun YTD high | S3 | 112.00 | * | congestion | |
| R1 | 114.70 | * | Apr high | S4 | 111.30 | ** | 30 Apr low |
Asterisk denotes strength of level
07:30 GMT - Consolidation below the 114.00 level has given way to break to extend gains from 111.30 low of 30 April. Higher will see room to retest the 114.70/114.90, April and June current year high. While reaction is expected, a later break cannot be ruled out to extend strong gains from the April 2025 year low. Clearance, will see room to target the 116.00/118.00 congestion area. Meanwhile, support is raised to 113.50/113.00 area which should underpin and sustain bounce from the 111.30 low.