Published: 2026-03-19T00:23:11.000Z
Chart AUD/USD Update: Extend choppy trade
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Failure to sustain gains above the .7100 level leaves the .7147/.7188 highs out of reach as prices extend choppy trade within the .7100/.700 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | * | congestion, 61.8% | S1 | 0.7000 | * | congestion | |
| R3 | 0.7188 | ** | 11 Mar YTD high | S2 | 0.6980 | * | 13 Mar low | |
| R2 | 0.7147 | * | Feb high | S3 | 0.6945 | ** | 3 Mar low | |
| R1 | 0.7100 | * | congestion | S4 | 0.6900 | ** | Feb low, congestion |
Asterisk denotes strength of level
00:10 GMT - Failure to sustain gains above the .7100 level leaves the .7147/.7188 highs out of reach as prices extend choppy trade within the .7100/.700 area. While the .7188 high caps, risk is seen for pullback to retest the .6980 and .6945 recent lows. Break of these will open up room for deeper pullback within the bullish channel from the April low to strong support at the .6900/.6895, February low and 38.2% Fibonacci retracement. Break here will confirm a top pattern at the February/March highs and see deeper pullback to retrace the November/March rally.