Published: 2025-07-28T06:38:14.000Z
Chart AUD/NZD Update: Extend consolidation at 1.0910/00 support
Technical Analyst
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Little change, as prices extend consolidation at the 1.0910/00 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1055 | * | 76.4% Nov/Apr fall | S1 | 1.0910/00 | * | Mar low, congestion | |
| R3 | 1.1030 | * | April high | S2 | 1.0850/40 | ** | congestion, Jun high | |
| R2 | 1.0990/00 | ** | 16 Jul high, congestion | S3 | 1.0800 | * | congestion | |
| R1 | 1.0950 | * | congestion | S4 | 1.0760/50 | * | 30 Jun low, congestion |
Asterisk denotes strength of level
06:40 GMT - Little change, as prices extend consolidation at the 1.0910/00 support following pullback from the1.0990 high. Negative daily studies have turned mixed but deeper pullback to extend losses from the 1.0990 high cannot be ruled out. Below 1.0910/00 area will open up room for deeper correction to the strong support at 1.0850/40, congestion and June high. Meanwhile, resistance at the 1.0950 congestion is expected to cap. Clearance here will expose the 1.0990 high to retest and see room for stronger gains to retrace the November/April losses.