Published: 2025-10-31T06:46:10.000Z
Chart AUD/NZD Update: Poised for retest of 1.1445 current year high
2
Break above the 1.1400 level see prices extending gains from the 1.1300/1.1275 area towards the current year high at 1.1445
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1400 | * | congestion | ||
| R3 | 1.1580 | * | Oct 2013 high | S2 | 1.1350 | * | congestion | |
| R2 | 1.1490 | ** | Sep 2022 year high | S3 | 1.1300 | ** | congestion | |
| R1 | 1.1445 | ** | 8 Oct YTD high | S4 | 1.1275 | * | 17 Oct low |
Asterisk denotes strength of level
06:40 GMT - Break above the 1.1400 level see prices extending gains from the 1.1300/1.1275 area towards the current year high at 1.1445. Clearance here will see room for extension to retest the 1.1490, September 2022 year high, where reaction can be expected as daily studies stretched into overbought areas. However, a later break cannot be ruled out to extend bullish gains from the March 2020 parity level. Meanwhile, support is raised to the 1.1400/1.1350 congestion area which should underpin and sustain bounce from the 1.1300/1.1275 lows.