Published: 2025-11-19T07:39:46.000Z
Chart AUD/JPY Update: Consolidating, but still supported
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Bounce above the 100.00 level see prices back to pressure resistance at the 101.00/20 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.00 | * | congestion | S1 | 100.00 | * | congestion | |
| R3 | 102.40 | ** | Nov 2024 high | S2 | 98.80 | ** | 5 Nov low | |
| R2 | 102.00 | * | congestion | S3 | 98.40 | ** | Sep high | |
| R1 | 101.00/20 | * | Oct highs | S4 | 98.00 | * | congestion |
Asterisk denotes strength of level
07:35 GMT - Bounce above the 100.00 level see prices back to pressure resistance at the 101.00/20 area. Daily and weekly studies remains stretched and caution corrective pullback from the 101.82 high of last week. However, bullish structure from the April low keeps pressure on the upside and extension to retest 102.00 level and 102.40, November 2024 high, not ruled out. Meanwhile, support at the 100.00 congestion now underpin. Would take break here to open up room for deeper pullback to retrace gains from the April current year low to strong support at 99.00/98.80, congestion and 5 Novermber low.