Published: 2025-10-28T06:32:19.000Z
Chart AUD/JPY Update: Settling back from 100.37 high
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Turned lower from the 100.37 high as prices consolidate strong gains from the 96.25 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.40 | ** | 7 Nov 2024 high | S1 | 99.50 | * | congestion | |
| R3 | 101.50 | * | 20 Nov 2024 high | S2 | 98.42 | * | Sep high | |
| R2 | 100.95 | ** | 9 Oct YTD high | S3 | 97.40/00 | ** | Jul high, congestion | |
| R1 | 100.37 | * | 27 Oct high | S4 | 96.25 | * | 17 Oct low |
Asterisk denotes strength of level
06:25 GMT - Turned lower from the 100.37 high as prices consolidate strong gains from the 96.25 low. Intraday studies have turned negative and daily studies are overbought suggesting scope for pullback to retrace recent strong gains. Support starts at 99.50 congestion and break here will open up room for deeper pullback to 98.42/98.00 September high and congestion area. Lower still, will see room to the July high at 97.40. Meanwhile, resistance at 100.37 high now expected to cap. Clearance will expose the 100.95 current year high to retest.