Published: 2025-09-16T00:22:09.000Z
Chart AUD/USD Update: Extending gains
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Pressure remains on the upside as prices extend gains towards the November high at .6688
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6625/00 | ** | Jul high, congestion | |
| R3 | 0.6750 | * | congestion | S2 | 0.6550 | ** | congestion | |
| R2 | 0.6700/10 | ** | 38.2% 2021/Apr fall | S3 | 0.6500 | * | congestion | |
| R1 | 0.6688 | * | Nov high | S4 | 0.6462 | * | 27 Aug low |
Asterisk denotes strength of level
00:10 GMT - Pressure remains on the upside as prices extend gains towards the November high at .6688. The bullish break of the trendline from the 2021 year high at the .6600/25 area last week highlights scope to further extend gains from the April low to the .6700/10 figure and 38.2% Fibonacci level. Meanwhile, support is raised to the .6600/25 recent highs which is expected to underpin and sustain gains from the .6415 low of August. Break here will ease the upside pressure and open up room for consolidation to the .6550/.6500 area.