Published: 2026-08-26T07:24:41.000Z
Chart AUD/NZD Update: Bounce return focus to 1.2100/30 resistance
1
Consolidation above the 1.1950 support to regain the 1.2000 level has given way to fresh push higher above the 1.2050 resistance
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2200 | * | 8 Apr high, congestion | S1 | 1.2000 | * | congestion | |
| R3 | 1.2150 | * | Mar high, congestion | S2 | 1.1980 | * | Jun low | |
| R2 | 1.2130 | ** | 3 Jul low | S3 | 1.1950 | * | congestion | |
| R1 | 1.2100 | * | congestion | S4 | 1.1915/00 | ** | 3 Aug low, congestion |
Asterisk denotes strength of level
07:20 GMT - Consolidation above the 1.1950 support to regain the 1.2000 level has given way to fresh push higher above the 1.2050 resistance. This return focus to strong resistance at the 1.2100/30 congestion and low of 3 July which is expected to cap. Break here, if seen, will see room for extension to the 1.2200 congestion. Meanwhile, support is raised to the 1.2000/1.1980 area which should underpin. Would take break here to return focus to the downside for retest of the 1.1950 congestion then the 1.1915, 3 August low.