Published: 2025-10-29T07:54:41.000Z
Chart AUD/JPY Update: Poised to retest 100.95 current year high
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Consolidation above the 99.50 support has given way to rebound above the 100.37 high to expose the 100.95 current year high to retest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.00 | congestion | S1 | 99.50 | * | congestion | ||
| R3 | 102.40 | ** | 7 Nov 2024 high | S2 | 98.42 | * | Sep high | |
| R2 | 101.50 | * | 20 Nov 2024 high | S3 | 97.40/00 | ** | Jul high, congestion | |
| R1 | 100.95 | ** | 9 Oct YTD high | S4 | 96.25 | * | 17 Oct low |
Asterisk denotes strength of level
07:45 GMT - Consolidation above the 99.50 support has given way to rebound above the 100.37 high to expose the 100.95 current year high to retest. Intraday and daily studies are overbought and caution corrective pullback here to retrace recent strong gains from the 96.25 low. Support starts at the 99.50 congestion and break here will open up room for deeper pullback to 98.42/98.00 area. Break above the 100.95 high will extend the broader gains from the 86.05 April current year low to retest 101.50 and 102.40, November highs.