Published: 2026-03-18T00:31:06.000Z
Chart AUD/USD Update: Focus return to .7188 current year high
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Consolidation above .7050 congestion has given way to break above the .7100 level to extend gains from the .6980 higher low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7283 | * | Jun 2022 high | S1 | 0.7050 | * | congestion | |
| R3 | 0.7200/10 | * | congestion, 61.8% | S2 | 0.6980 | * | 13 Mar low | |
| R2 | 0.7188 | ** | 11 Mar YTD high | S3 | 0.6945 | ** | 3 Mar low | |
| R1 | 0.7147 | * | Feb high | S4 | 0.6900 | ** | Feb low, congestion |
Asterisk denotes strength of level
00:15 GMT - Consolidation above .7050 congestion has given way to break above the .7100 level to extend gains from the .6980 higher low. Focus return to the .7147 February high but potential now seen for extension to retest the .7188 current year high. Clearance here will see room to extend gains from the April 2025 low and see room to the .7200/10, congestion and 61.8% Fibonacci level. Meanwhile, support is raised to the .7050 congestion which should now underpin and sustain bounce from the .6980 low of last Friday.