Published: 2025-09-29T00:21:52.000Z
Chart AUD/USD Update: Higher in consolidation from .6520 low
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Steadied at the .6520 low on Friday as prices consolidate losses from the .6707 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6660 | * | 18 Sep high | S1 | 0.6520 | * | 26 Sep low | |
| R3 | 0.6625 | ** | Jul high | S2 | 0.6500 | ** | congestion | |
| R2 | 0.6600 | * | congestion | S3 | 0.6450 | * | congestion | |
| R1 | 0.6575 | * | 24 Sep low | S4 | 0.6415 | ** | Aug low |
Asterisk denotes strength of level
00:15 GMT - Steadied at the .6520 low on Friday as prices consolidate losses from the .6707 high and unwind oversold intraday and daily studies. Above the .6550 congestion see room for stronger bounce to resistance recent low at .6575 and the .6600 congestion. This area expected to cap and give way to fresh selling pressure later. Would need to regain the .6600 level and .6625 resistance to fade the downside pressure and return focus to the upside. Meanwhile, support at .6520 low now underpin. Break here needed to open up room for extension to .6500/.6450 area.