Published: 2026-04-24T06:48:58.000Z
Chart EUR/AUD Update: Consolidating at 1.6350 support
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Steadied at the 1.6350 support as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6800/45 | ** | congestion, Mar high | S1 | 1.6350 | ** | 13 Mar high | |
| R3 | 1.6680 | ** | 13 Apr high | S2 | 1.6200 | * | 18 Mar low | |
| R2 | 1.6600/20 | * | congestion | S3 | 1.6130 | ** | 11 Mar YTD low | |
| R1 | 1.6500 | * | congestion, 8 Apr low | S4 | 1.6100 | figure |
Asterisk denotes strength of level
06:45 GMT - Steadied at the 1.6350 support as prices unwind oversold daily studies. However, pressure remains on the downside following rejection from the 1.6845 March swing high. Lower will turn focus to the March lows at the 1.6200 level then 1.6130, 11 March current year low. Below these will extend the broader losses from the April 2025 year high and see room to 1.6100 level and the 1.6000 figure. Meanwhile, resistance at the 1.6500 level is expected to limit corrective bounce and sustain the losses from 1.6845, March swing high.