Published: 2025-10-14T00:22:17.000Z
Chart AUD/USD Update: Consolidating above .6500
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Turned up from the .6470 low to consolidate above the .6500 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6660 | 18 Sep high | S1 | 0.6470 | * | 10 Oct low | ||
| R3 | 0.6625 | ** | Jul high | S2 | 0.6450 | * | congestion | |
| R2 | 0.6600 | * | congestion | S3 | 0.6415/00 | ** | Aug low, congestion | |
| R1 | 0.6550 | * | congestion | S4 | 0.6372 | * | Jun low |
Asterisk denotes strength of level
00:15 GMT - Turned up from the .6470 low to consolidate above the .6500 level as prices unwind the oversold intraday studies. Bounce see resistance at the .6520/.6550 congestion area which is expected to cap and keep pressure on the downside. However, daily studies have turned mixed and suggest consolidation likely to extend before giving way to fresh selling pressure later. Below the .6500 will expose the .6470 low to retest. Lower will scope to the .6450 congestion then the strong support at .6415/00 area.