Published: 2025-09-10T06:10:47.000Z
Chart AUD/JPY Update: Extending gains
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Pressure remains on the upside and break of the July high at 97.40 will further extend gains from the April current year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 98.75 | * | 24 Jan high | S1 | 96.85 | * | 12 Aug high | |
| R3 | 98.50 | * | 76.4% Nov/Apr fall | S2 | 96.30/00 | * | 5 Sep low, congestion | |
| R2 | 98.00 | * | congestion | S3 | 95.60 | ** | May high | |
| R1 | 97.40 | ** | Jul high | S4 | 95.00 | * | congestion |
Asterisk denotes strength of level
06:10 GMT - Pressure remains on the upside and break of the July high at 97.40 will further extend gains from the April current year low. Higher will further retrace losses from the November high and see room to target resistance at the 98.00 congestion. Beyond this will see room for extension to the 98.50, 76.4% Fibonacci level. Meanwhile, support is raised to the 12 August high at 96.85 then the 96.30/96.00 area. The latter is expected to underpin and sustain gains from the 94.40, August swing low.