Published: 2025-10-08T00:20:06.000Z
Chart AUD/USD Update: Leaning lower from .6625 resistance
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Leaning lower to pressure the .6580/75 support as resistance at .6625 caps
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6580 | * | congestion | |
| R3 | 0.6700/07 | ** | congestion, 17 Sep YTD high | S2 | 0.6550 | * | congestion | |
| R2 | 0.6660 | * | 18 Sep high | S3 | 0.6520 | ** | 26 Sep low | |
| R1 | 0.6625 | ** | Jul high | S4 | 0.6500 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Leaning lower to pressure the .6580/75 support as resistance at .6625 caps. The resulting outside range threatens break to open up room for retest of support at the .6550 congestion and .6520 low. Below the latter will extend the broader losses from the .6707 current year high and retrace gains from the April low. Meanwhile, resistance at the .6625 July high caps. Clearance here needed to open up room for retest of the .6650/60 resistance though potential will be seen for retest of the .6707 high.