Published: 2025-08-26T06:35:06.000Z
Chart EUR/AUD Update: Extending rejection from 1.8155 high
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Break of the 1.8000/1.7945 support see prices extending pullback from the 1.8155 high to reach the 1.7900 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8245 | * | 76.4% Apr/May fall | S1 | 1.7900 | * | congestion | |
| R3 | 1.8155 | ** | 21 Aug high | S2 | 1.7810/00 | * | 12 Aug low, congestion | |
| R2 | 1.8100 | * | Jul high, congestion | S3 | 1.7700 | ** | congestion | |
| R1 | 1.8000 | * | congestion | S4 | 1.7630 | * | 18 Jun low |
Asterisk denotes strength of level
06:30 GMT - Break of the 1.8000/1.7945 support see prices extending pullback from the 1.8155 high to reach the 1.7900 level. Negative daily studies suggest scope for break here to open up room for deeper pullback to the 1.7830/00, channel support from the May low and congestion area. Below this will return focus to strong support at 1.7700, July low. Meanwhile, resistance is lowered to the 1.8000 level which is expected to cap. Break here needed to expose the 1.8100/1.8155, July and 21 August highs to retest.