Published: 2025-09-23T00:20:44.000Z
Chart AUD/USD Update: Consolidating at .6580 support
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Steadied at the .6580 support as prices consolidate pullback from the .6707 current year high seen last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6580 | * | 10 Sep low | |
| R3 | 0.6700/10 | ** | figure, 38.2% 2021/Apr fall | S2 | 0.6550 | ** | congestion | |
| R2 | 0.6650 | * | congestion | S3 | 0.6500 | * | congestion | |
| R1 | 0.6625 | * | Jul high | S4 | 0.6482 | * | 2 Sep low |
Asterisk denotes strength of level
00:15 GMT - Steadied at the .6580 support as prices consolidate pullback from the .6707 current year high seen last week. Intraday studies have turned mixed with the lack of momentum suggesting ranging action here likely for now, Would take break here to open up room for deeper pullback to retrace rally from the .6415 August low and see room to the strong support at the .6550 congestion. Corrective pullback expected to give way to renewed buying interest later with resistance starting at the .6625 July high then the .6650 congestion.