Published: 2025-10-31T00:16:58.000Z
Chart AUD/USD Update: Corrective pullback from .6600/25 resistance
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Consolidation below the .6600/25 resistance has given way to pullback as prices unwind overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6707 | ** | 17 Sep YTD high | S1 | 0.6550 | * | congestion | |
| R3 | 0.6660 | 18 Sep high | S2 | 0.6520/00 | * | 26 Sep low, congestion | ||
| R2 | 0.6625 | ** | Jul high, congestion | S3 | 0.6470 | * | 10 Oct low | |
| R1 | 0.6600 | * | congestion | S4 | 0.6440 | ** | 14 Oct low |
Asterisk denotes strength of level
00:10 GMT - Consolidation below the .6600/25 resistance has given way to pullback as prices unwind overbought daily studies. Pullback see support at the .6550 congestion and break here needed to open up room for deeper correction to the .6520/.6500 area, which is expected to underpin. Corrective pullback is expected to give way to renewed buying interest later to retest the .6600/25 resistance. Clearance here will see room to the .6660 resistance but focus will be for retest of the .6700 level and .6707, current year high.