Published: 2026-07-03T00:24:24.000Z
Chart AUD/USD Update: Limited on bounce attempt, but room for higher
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Still limited on bounce attempt but prices building a small bottom at the .6865 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7050 | * | congestion | S1 | 0.6865 | * | 30 Jun low | |
| R3 | 0.7000 | ** | congestion | S2 | 0.6833 | ** | Mar low | |
| R2 | 0.6980 | * | 11 Jun low | S3 | 0.6800 | * | congestion | |
| R1 | 0.6950 | * | congestion | S4 | 0.6755 | * | 38.2% 2025/2026 rally |
Asterisk denotes strength of level
00:15 GMT - Still limited on bounce attempt but prices building a small bottom at the .6865 low. Daily studies has turned higher from oversold areas and suggest scope for strong bounce ahead. Would take break above .6950 resistance to open up room to strong resistance at the .6980/.7000 area. Meanwhile, support at the .6900/.6865 congestion and Tuesday's low should underpin. Break here will extend the May losses and see scope for extension to retest the .6833 Mar low and further retrace gains from the April 2025 year low.