Published: 2025-08-15T06:40:46.000Z
Chart AUD/JPY Update: Leaning lower from the 96.85 high
Technical Analyst
2
Leaning lower as prices extend pullback from the 96.85 high to reach the 95.60 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.70 | * | 50% 2024/2025 fall | S1 | 95.60 | * | May high | |
| R3 | 97.40 | ** | 15 Jul high | S2 | 94.90 | ** | 4 Aug low | |
| R2 | 97.00 | * | congestion | S3 | 94.00 | * | congestion | |
| R1 | 96.85 | ** | 12 Aug high | S4 | 93.25 | * | 16 Jun low |
Asterisk denotes strength of level
06:30 GMT - Leaning lower as prices extend pullback from the 96.85 high to reach the 95.60 support. Daily studies have turned down from overbought areas and suggest room for break here to further extend the broader losses from 97.40, July high. Break will see room to retest strong support at the 94.90 low of last week. Below this will further retrace the April/July rally and see room to the 94.00 congestion and 93.25 support. Meanwhile, resistance is at the 96.85 lower high is expected to cap and sustain losses from the 97.40, July high.