Published: 2026-06-02T13:24:49.000Z
Chart AUD/USD Update: Consolidating - daily studies rising
1
Little change, as prices extend cautious trade beneath resistance at 0.7200
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7500 | ** | historic congestion | S1 | 0.7100 | congestion | ||
| R3 | 0.7400 | ** | historic congestion | S2 | 0.7050 | * | congestion | |
| R2 | 0.7280~ | ** | June 2022 high | S3 | 0.7000 | * | congestion | |
| R1 | 0.7200 | ** | break level, 61.8% ret | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
14:20 BST - Little change, as prices extend cautious trade beneath resistance at 0.7200. Daily readings are rising and negative weekly stochastics are flattening, suggesting room for a test above here. But the bearish weekly Tension Indicator should limit any initial break in renewed consolidation beneath critical resistance at 0.7280~. Meanwhile, support is at 0.7150. But any break should be limited in consolidation above congestion around 0.7100.