Published: 2026-07-28T00:24:41.000Z
Chart AUD/USD Update: Choppy below .7000/20 area
1
Little change, as prices extend choppy trade within the .6960/.7020 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7120 | * | 61.8% May/Jun fall | S1 | 0.6950 | * | congestion | |
| R3 | 0.7100 | ** | congestion | S2 | 0.6912/00 | * | 14 Jul low, congestion | |
| R2 | 0.7070/80 | * | 50%, May low | S3 | 0.6865 | ** | Jun low | |
| R1 | 0.7000/20 | * | congestion, 38.2% | S4 | 0.6833 | ** | Mar low |
Asterisk denotes strength of level
00:15 GMT - Little change, as prices extend choppy trade within the .6960/.7020 area. Daily studies are mixed and suggest further ranging action around the .7000 level. Would take break above the .7000/20 area to open up room for stronger gains to retrace the May/June losses. Clearance will see scope for extension to strong resistance at the .7070/.7100 area. Meanwhile, support at the .6950 congestion underpin. Would take break here to fade the upside pressure and return focus to the downside for retest of .6912/00 congestion area and .6865 June low.