Published: 2026-01-13T14:48:34.000Z
Chart AUD/USD Update: Consolidating
1
Little change, as prices extend cautious trade above congestion around 0.6700
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900 | * | break level | S1 | 0.6700 | * | congestion | |
| R3 | 0.6800 | ** | break level | S2 | 0.6650 | congestion | ||
| R2 | 0.6765~ | * | 7 Jan YTD high | S3 | 0.6600 | ** | congestion | |
| R1 | 0.6750 | * | congestion | S4 | 0.6550 | * | congestion |
Asterisk denotes strength of level
14:40 GMT - Little change, as prices extend cautious trade above congestion around 0.6700. Intraday studies are leaning lower, highlighting room for a break back beneath here towards further congestion around 0.6650. Daily readings are also under pressure and overbought weekly stochastics are unwinding, highlighting room for further losses in the coming sessions. A close below congestion support at 0.6600 is needed to turn sentiment negative and extend January losses towards 0.6500. Meanwhile, a close above congestion resistance at 0.6750, if seen, would improve price action and extend April gains towards 0.6800.