Published: 2025-10-22T00:18:22.000Z
Chart AUD/USD Update: Sideways in choppy trade
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Little change, as prices extend choppy trade within the .6520/.6470 range area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6625 | ** | Jul high, congestion | S1 | 0.6470 | * | 10 Oct low | |
| R3 | 0.6600 | * | congestion | S2 | 0.6440 | * | 14 Oct low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6520 | * | 26 Sep low | S4 | 0.6350 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Little change, as prices extend choppy trade within the .6520/.6470 range area. Daily studies are mixed and suggest further ranging action to extend. Would take break above .6520 to open up room for extension to resistance at the .6550 congestion which is expected to cap and sustain losses from the strong resistance at the .6600/25 area. Meanwhile, support at the .6470/40 area now underpin. Break here needed to open up room for deeper pullback to retrace the April/September rally to retest strong support at .6415/00, the August low and 38.2% Fibonacci level.