Published: 2026-04-24T00:18:44.000Z
Chart AUD/USD Update: Leaning lower in consolidation
-
Leaning lower in consolidation but prices remains above the .7100 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7300 | * | congestion | S1 | 0.7100 | * | congestion | |
| R3 | 0.7280 | * | Jun 2022 high | S2 | 0.7050 | * | congestion | |
| R2 | 0.7222 | ** | 17 Apr YTD high | S3 | 0.7000 | ** | figure, congestion | |
| R1 | 0.7187 | * | Mar high | S4 | 0.6950 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Leaning lower in consolidation but prices remains above the .7100 level. Would take break here to open up room for deeper pullback to retrace gains from the .6833 March current year low. Break will see scope to strong support at the .7050/.7000 area which is expected to underpin. Corrective pullback expected to meet with buying interest later to retest the .7187 and .7222, March/April highs. Clearance extend the underlying bull trend from the April 2025 year low and see room for extension to resistance at the .7280/.7300 area.