Published: 2026-09-02T13:45:01.000Z
Chart AUD/USD Update: Choppy around 0.7150 - daily studies under pressure
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The test below congestion support at 0.7150 has bounced from 0.7120~
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7300 | ** | congestion | S1 | 0.7150 | * | congestion | |
| R3 | 0.7277 | ** | 6 May YTD high | S2 | 0.7100 | ** | congestion | |
| R2 | 0.7250 | * | congestion | S3 | 0.7050 | * | congestion | |
| R1 | 0.7200 | ** | congestion | S4 | 0.7000 | * | congestion |
Asterisk denotes strength of level
14:35 BST - The test below congestion support at 0.7150 has bounced from 0.7120~, as oversold intraday studies unwind, with prices currently trading around 0.7165. However, daily stochastics and the daily Tension Indicator continue to deteriorate, highlighting room for fresh losses in the coming sessions. A close back beneath here will open up further congestion around 0.7100. But rising weekly charts could limit any initial tests in renewed buying interest/consolidation.
Meanwhile, a close above resistance at 0.7200, if seen, will improve price action and extend late-June gains towards further congestion around 0.7250.