Published: 2025-07-14T00:19:02.000Z
Chart AUD/USD Update: Consolidating below .6595, current year high
Technical Analyst
1
Little change, as prices settled into consolidation below the .6595 current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6550 | * | 16 Jun high | |
| R3 | 0.6700 | * | 76.4% Sep/Apr fall | S2 | 0.6485 | ** | 7 Jul low | |
| R2 | 0.6688 | * | 7 Nov high | S3 | 0.6450 | * | congestion | |
| R1 | 0.6595/00 | ** | 11 Jul YTD high, congestion | S4 | 0.6400 | ** | congestion |
Asterisk denotes strength of level
00:10 GMT - Little change, as prices settled into consolidation below the .6595 current year high and unwind overbought intraday studies. Daily studies remains positive and suggest scope for break here and the .6600 level to extend gains from the .5913, April low. Clearance will see room to the .6688, 7 November high. Meanwhile, support remains at the .6550 congestion and 16 June high which should underpin. Below here will open up room for pullback to retest strong support at the .6500 level and .6485 low.