Published: 2026-05-14T06:08:53.000Z
Chart AUD/JPY Update: Retest 114.70 high
1
Break above the 114.00 level see prices extending bounce from the 111.30 low of 30 April to retest the current year high at 114.70
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 118.00 | ** | congestion | S1 | 114.00 | * | congestion | |
| R3 | 116.00 | * | congestion | S2 | 113.00 | * | congestion | |
| R2 | 115.00 | * | congestion | S3 | 112.00 | * | congestion | |
| R1 | 114.70 | ** | 28 apr YTD high | S4 | 111.30 | ** | 30 Apr low |
Asterisk denotes strength of level
06:05 GMT - Break above the 114.00 level see prices extending bounce from the 111.30 low of 30 April to retest the current year high at 114.70. Break here, will extend the bullish gains from the April 2025 year low and see room for extension to 115.00/116.00 congestion. Meanwhile, support is raised to the 114.00 level which should underpin. Below here will ease the upside pressure and see room for deeper corrective pullback to support at the 113.00/112.00 congestion and 111.30, 30 April low.