Published: 2025-10-03T00:17:39.000Z
Chart AUD/USD Update: Range-bound below .6625 resistance
1
Remains in consolidation below the .6625 resistance as prices stays within Tuesday's .6628/.6571 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6580 | * | congestion | |
| R3 | 0.6700/07 | ** | figure, 17 Sep YTD high | S2 | 0.6520 | ** | 26 Sep low | |
| R2 | 0.6660 | * | 18 Sep high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6625 | ** | Jul high | S4 | 0.6450 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Remains in consolidation below the .6625 resistance as prices stays within Tuesday's .6628/.6571 range. Would take break above .6625 to open up room for extension to resistance at the .6650/60 area. However, negative weekly studies suggest consolidation giving way to renewed selling pressure later with pullback to see support at the .6580/50 congestion then the .6520 low. Break here will extend losses from the .6707 current year high and see room for deeper pullback to retrace the August/September rally to the .6500/.6450 area.