Published: 2026-01-13T07:49:26.000Z
Chart EUR/AUD Update: Higher in consolidation from 1.7290 low
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Little change, as prices extend consolidation around the 1.7400 level following bounce from the 1.7290 low last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.7700 | * | congestion | S1 | 1.7290 | * | 7 Jan low | |
| R3 | 1.7600 | ** | congestion | S2 | 1.7260/50 | ** | 50% 2024/2025 rally, May low | |
| R2 | 1.7570 | * | Oct, Nov lows | S3 | 1.7200 | * | congestion | |
| R1 | 1.7480 | * | Dec low | S4 | 1.7110 | * | Apr low |
Asterisk denotes strength of level
07:45 GMT - Little change, as prices extend consolidation around the 1.7400 level following bounce from the 1.7290 low last week. Daily studies have turned up to unwind oversold readings and suggest room for bounce above 1.7480 resistance. Clearance will see room to strong resistance at the 1.7600 congestion which is expected to cap. Corrective gains are expected to give way to fresh selling pressure later to retest the 1.7290 low. Break here will see room for extension to strong support at 1.7260/50, 50% Fibonacci level and May low.