Published: 2026-09-07T13:18:13.000Z
Chart AUD/USD Update: Edging higher
3
Still little change, as mixed intraday studies keep near-term sentiment cautious
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7350 | ** | congestion | S1 | 0.7200 | ** | congestion | |
| R3 | 0.7300 | ** | congestion | S2 | 0.7150 | * | congestion | |
| R2 | 0.7277 | ** | 6 May YTD high | S3 | 0.7100 | ** | congestion | |
| R1 | 0.7250 | * | congestion | S4 | 0.7050 | * | congestion |
Asterisk denotes strength of level
14:00 BST - Still little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation above congestion support at 0.7200. Mixed daily studies are showing signs of improvement and broader weekly charts continue to rise, suggesting later continuation of late-June gains towards critical resistance within congestion around 0.7250 and the 0.7277 current year high of 6 May.
Meanwhile, any tests back below 0.7200 should give way to consolidation above further congestion around 0.7150. A close beneath here, if seen, will add weight to sentiment and open up a test of congestion around 0.7100.