Published: 2025-09-12T00:30:39.000Z
Chart AUD/USD Update: Bullish break to fresh year high
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Pressing higher with break above the .6600 level and .6625 July high extending gains towards next resistance at the .6688, November high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6625/00 | ** | Jul high, congestion | |
| R3 | 0.6750 | * | congestion | S2 | 0.6550 | ** | congestion | |
| R2 | 0.6700/10 | ** | 38.2% 2021/Apr fall | S3 | 0.6500 | * | congestion | |
| R1 | 0.6688 | * | Nov high | S4 | 0.6462 | * | 27 Aug low |
Asterisk denotes strength of level
00:20 GMT - Pressing higher with break above the .6600 level and .6625 July high extending gains towards next resistance at the .6688, November high. Higher still will see room to .6700/10, congestion and 38.2% Fibonacci level. Positive daily and weekly studies suggest scope for break here to open up stronger gains. Higher will see room to the .6750/.6800 congestion area. Meanwhile, support is raised to the .6600/25 recent highs and broken trendline from the 2021 year high which should now underpin and sustain from the April low.