Published: 2026-05-13T07:13:27.000Z
Chart AUD/JPY Update: Scope to retest 114.70 high
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Bounce from the 111.30 swing low of 30 April has seen gains to retest the 114.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 116.00 | * | congestion | S1 | 113.00 | * | congestion | |
| R3 | 115.00 | * | congestion | S2 | 112.00 | * | congestion | |
| R2 | 114.70 | ** | 28 Apr YTD high | S3 | 111.30 | ** | 30 Apr low | |
| R1 | 114.00 | * | congestion | S4 | 110.80 | * | 9 Feb high |
Asterisk denotes strength of level
07:10 GMT - Bounce from the 111.30 swing low of 30 April has seen gains to retest the 114.00 congestion. Higher will see scope to retest the April current year high 114.70 which is expected to cap. Clearance, if seen, will extend the underlying bull trend from the April 2025 low and see room for extension to 115.00/116.00 congestion. Meanwhile, support at the 113.00/112.00 congestion area should underpin. Below here will expose the 30 April low at 111.30 to retest and see room for deeper pullback to retrace bullish gains from the April 2025 year low.