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Published: 2025-06-26T00:21:59.000Z

Chart AUD/USD Update: Focus on the .6552, current year high

byPakLai Ng

Technical Analyst
-

Pressure remains on the upside as prices extend bounce from the .6372 Monday's low

 LevelsImpComment  LevelsImpComment
R40.6700*76.4% Sep/Apr fall S10.6500*congestion                
R30.6650*congestion S20.6450*congestion
R20.6600*congestion S30.6400*congestion
R10.6552**16 Jun YTD high, 61.8% S40.6372**23 Jun low

Asterisk denotes strength of level

00:10 GMT - Pressure remains on the upside as prices extend bounce from the .6372 Monday's low. Daily studies continues to track higher from oversold areas with break above the .6500 level returning focus to the .6552 current year high. Break here will extend the April gains and see room for continuation to the .6600/.6650 congestion. Meanwhile, support is raised to .6500 level which should underpin and sustain bounce from the .6372 low. Below the .6500 level, if seen, will ease the upside pressure and open up room for pullback to the .6450 support.

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Topics
AUD/USD-TA
DM-Technical
Technical Analysis

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