Published: 2025-12-10T06:34:04.000Z
Chart AUD/JPY Update: Consolidating gains to 104.40, fresh year high
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Extending gains and break of the 103.85, 76.4% Fibonacci level, see prices reaching fresh year high at 104.40
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 107.00 | * | congestion | S1 | 103.00 | * | congestion | |
| R3 | 106.00 | * | congestion | S2 | 102.40/00 | * | congestion | |
| R2 | 104.50/00 | * | congestion, Apr 2024 high | S3 | 101.20/00 | ** | Oct highs | |
| R1 | 104.40 | ** | 9 Dec YTD high | S4 | 100.00 | * | congestion |
Asterisk denotes strength of level
06:30 GMT - Extending gains and break of the 103.85, 76.4% Fibonacci level, see prices reaching fresh year high at 104.40. Overbought daily studies caution corrective pullback but bullish momentum keep pressure on the upside. Higher, if seen, will open up room to the 104.50/105.00 congestion and the April 2024 high. Meanwhile, support is raised to the 103.00 level and extending to the 102.40/00 congestion area. This area should should underpin and only below this will fade the upside pressure and see room for deeper pullback to strong support at 101.20/00 October highs.