Published: 2026-05-27T07:26:26.000Z
Chart AUD/USD Update: Lower in range
2
Cautious trade around 0.7170 is giving way to a pullback
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7500 | ** | historic congestion | S1 | 0.7100 | congestion | ||
| R3 | 0.7400 | ** | historic congestion | S2 | 0.7050 | * | congestion | |
| R2 | 0.7280~ | ** | June 2022 high | S3 | 0.7000 | * | congestion | |
| R1 | 0.7200 | ** | break level, 61.8% ret | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
08:20 BST - Cautious trade around 0.7170 is giving way to a pullback, as intraday studies turn down, with prices currently trading around 0.7145. Focus is turning to congestion support at 0.7100. But mixed/positive daily readings should limit any initial tests in fresh consolidation, before deteriorating weekly charts prompt further losses. A close beneath here will add weight to sentiment and extend early-May losses towards further congestion around 0.7050. Meanwhile, resistance remains at 0.7200 and should cap any immediate tests higher.