Published: 2026-01-02T14:20:51.000Z
Chart AUD/USD Update: Cautious trade - daily studies under pressure
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Little change, as prices extend cautious trade beneath strong resistance at the 0.6700 Fibonacci retracement
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900 | ** | break level | S1 | 0.6650 | congestion | ||
| R3 | 0.6800 | ** | break level | S2 | 0.6600 | ** | congestion | |
| R2 | 0.6750 | * | congestion | S3 | 0.6550 | * | congestion | |
| R1 | 0.6700 | ** | 76.4% ret of 2024-2025 fall | S4 | 0.6500 | * | congestion |
Asterisk denotes strength of level
14:15 GMT - Little change, as prices extend cautious trade beneath strong resistance at the 0.6700 Fibonacci retracement. Deteriorating daily readings highlight room for a test lower towards congestion support at 0.6650. However, rising weekly charts should limit any deeper losses in renewed buying interest/consolidation above congestion around 0.6600. Following cautious/corrective trade, fresh gains are looked for. A close back above 0.6700 will improve sentiment and extend April gains initially towards congestion around 0.6750. Beyond here is 0.6800.