Published: 2025-09-10T13:55:16.000Z
Chart AUD/USD Update: Poised to post fresh 2025 year highs
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Consolidation has given way to anticipated gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6700 | ** | 76.4% ret of Sep-Apr fall | S1 | 0.6550 | * | congestion | |
| R3 | 0.6688 | ** | 7 Nov (m) high | S2 | 0.6500 | * | congestion | |
| R2 | 0.6625 | ** | 24 Jul YTD high | S3 | 0.6450 | congestion | ||
| R1 | 0.6600 | ** | congestion | S4 | 0.6400 | * | break level |
Asterisk denotes strength of level
14:45 BST - Consolidation has given way to anticipated gains, with prices once again pressuring strong resistance at congestion around 0.6600 and the 0.6625 current year high of 24 July. Daily readings continue to rise and broader weekly charts are improving, highlighting room for further strength in the coming sessions. A close above here will turn sentiment outright positive and confirm continuation of April gains, as focus then turns to strong resistance at the 0.6688 monthly high of 7 November and the 0.6700 Fibonacci retracement. Meanwhile, support remains at congestion around 0.6550 and should underpin any immediate setbacks.