Published: 2026-05-26T07:11:22.000Z
Chart AUD/JPY Update: Back to pressure 114.00
1
Back to pressure the 114.00 level following bounce from the 113.00/112.60 congestion and low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 116.00 | * | congestion | S1 | 113.00 | * | congestion | |
| R3 | 115.00 | * | congestion | S2 | 112.60 | * | 19 May low | |
| R2 | 114.70 | ** | 28 Apr YTD high | S3 | 112.00 | * | congestion | |
| R1 | 114.00 | * | Mar high, congestion | S4 | 111.30 | ** | 30 Apr low |
Asterisk denotes strength of level
07:00 GMT - Back to pressure the 114.00 level following bounce from the 113.00/112.60 congestion and low of last week. Break here will return focus to the 114.70 the April/May highs where reaction can be expected. However, a later break cannot be ruled out to extend gains from the April 2025 year low and see room to the 115.00/116.00 congestion area from September 1990. Meanwhile, support remains at the 113.00 congestion which extend to 112.60 low of 19 May. Failure here will ease the upside pressure and open up room for deeper pullback 112.00 and 111.30, 30 April low.