Published: 2025-10-09T06:41:30.000Z
Chart EUR/AUD Update: Under pressure, 1.7600 support at risk
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Under pressure as consolidation at the 1.7700 level gives way to renewed selling pressure to extend losses from the 1.7932, September high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8000 | * | congestion | S1 | 1.7600 | ** | congestion, 61.8% | |
| R3 | 1.7900/32 | ** | congestion, 23 Sep high | S2 | 1.7500 | * | congestion | |
| R2 | 1.7800 | * | 4 Sep low | S3 | 1.7465 | * | 76.4% May/Aug rally | |
| R1 | 1.7700/10 | * | congestion, 30 Sep low | S4 | 1.7400 | * | congestion |
Asterisk denotes strength of level
06:35 GMT - Under pressure as consolidation at the 1.7700 level gives way to renewed selling pressure to extend losses from the 1.7932, September high. Negative daily and weekly studies keeps pressure on the downside and see room for retest of the 1.7600 low. Break here will open up room for deeper pullback to retrace the May/August rally to the 1.7500 level then 1.7465, 76.4% Fibonacci level. Meanwhile, resistance is lowered to the 1.7700/10 congestion which is expected to cap and sustain losses from 1.7932 high.