Published: 2026-07-01T07:24:33.000Z
Chart AUD/JPY Update: Turned up from 111.30 support
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Saw bounce from the 111.30 support as prices consolidate losses from the 113.50 mid-June high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 114.90 | ** | 2 Jun YTD high | S1 | 111.30 | ** | 30 Apr low | |
| R3 | 114.00 | ** | congestion | S2 | 110.80 | * | 9 Feb high | |
| R2 | 113.50 | * | 15 Jun high | S3 | 110.00 | congestion | ||
| R1 | 113.00 | * | congestion | S4 | 108.80 | ** | Mar low |
Asterisk denotes strength of level
07:20 GMT - Saw bounce from the 111.30 support as prices consolidate losses from the 113.50 mid-June high. Consolidation is expected to give way to renewed selling pressure later to extend losses from the 114.90 June current year high. Break of the 111.30 support will confirm a double top in place at the 114.70/114.90 April/June highs and retrace strong gains from the April 2025 year low. Lower will see room to support at 110.80/110.00 area. Lower still, will see scope to retest 108.80 March low. Meanwhile, resistance at the 113.00/113.50 congestion and mid-June high expected to cap.