Published: 2025-10-08T07:17:51.000Z
Chart AUD/JPY Update: Consolidating test of 100.00, room for higher
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Extending Monday's break to fresh year high to reach the 100.00 level
Levels | Imp | Comment | Levels | Imp | Comment | |||
---|---|---|---|---|---|---|---|---|
R4 | 102.40 | ** | Nov 2024 high | S1 | 99.50 | * | congestion | |
R3 | 101.50 | * | congestion | S2 | 99.00 | * | congestion | |
R2 | 100.45 | * | 61.8% 2024/Apr fall | S3 | 98.42/00 | ** | Sep high, congestion | |
R1 | 100.00 | * | figure, congestion | S4 | 97.40 | ** | Jul high |
Asterisk denotes strength of level
07:10 GMT - Extending Monday's break to fresh year high to reach the 100.00 level. Consolidation here see prices unwind overbought intraday studies but this is expected to give way to renewed buying interest later. Clearance will see room for extension to the 100.45, 61.8% Fibonacci level. Higher still, will see room to 101.50 congestion then the 102.40 high of November 2024. Meanwhile, support is raised to the 99.50/99.00 congestion area which is expected to underpin. Break here will open up room to the 98.42/98.00 congestion.