Published: 2026-03-26T07:52:39.000Z
Chart EUR/AUD Update: Room to extend gains
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Consolidating gains to the 1.6675 high as prices unwind stretched intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.7000 | * | figure, congestion | S1 | 1.6620/00 | * | 12 Feb low, congestion | |
| R3 | 1.6900/05 | ** | congestion, 38.2% | S2 | 1.6500 | congestion | ||
| R2 | 1.6800 | * | congestion | S3 | 1.6425 | * | 5 Mar low | |
| R1 | 1.6705 | * | 2 Mar high | S4 | 1.6350 | ** | 13 Mar high |
Asterisk denotes strength of level
07:45 GMT - Consolidating gains to the 1.6675 high as prices unwind stretched intraday and daily studies. However, pressure remains on the upside and higher will see room to further extend gains from the 1.6130, 11 March YTD low. Higher will see room to further retrace the October/March losses and see room to 1.6705. Beyond this will see scope to extend gains to the 1.6800 congestion and 1.6905, 38.2% Fibonacci level. Meanwhile, support is raised to the 1.6620/00 area which is expected to underpin and sustain bounce from the March low.