Published: 2026-11-02T00:26:54.000Z
Chart AUD/USD Update: Consolidating
1
Little change, as prices extend consolidation above support at the .7000 congestion following pullback from test of the .7050/65 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7140 | * | 21 Sep high | S1 | 0.7000 | * | congestion | |
| R3 | 0.7100/05 | * | congestion, 61.8% | S2 | 0.6950 | * | congestion | |
| R2 | 0.7080 | ** | May low, congestion | S3 | 0.6900 | ** | congestion, channel | |
| R1 | 0.7050/65 | * | congestion, 50% Sep/Oct fall | S4 | 0.6865 | ** | Jun low |
Asterisk denotes strength of level
00:20 GMT - Little change, as prices extend consolidation above support at the .7000 congestion following pullback from test of the .7050/65 resistance. Daily studies have turned lower to unwind overbought readings but bullish gains from the .6900 support keep focus on the upside and ses scope for further gains later. Higher will see room to strong resistance at .7080/.7100, May low and congestion area. Meanwhile, support remains at the .7000 congestion. Break here will ease the upside pressure and leave the way open for deeper pullback to the .6950 congestion