Chart AUD/USD Update: Cautious trade around resistance at the 0.6700 Fibonacci retracement
Little change, as mixed intraday studies keep near-term sentiment cautious

| 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
09:10 GMT - Little change, as mixed intraday studies keep near-term sentiment cautious and extend choppy trade around critical resistance at the 0.6700 Fibonacci retracement. Overbought daily stochastics are turning down and the positive daily Tension Indicator is flattening, suggesting room for a test beneath here. But rising weekly charts are expected to limit any losses in renewed buying interest/consolidation above congestion support at 0.6650. Following cautious 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. Meanwhile, an unexpected close below 0.6650 will add weight to sentiment and give way to consolidation above further congestion around 0.6600.