Published: 2026-07-22T13:36:36.000Z
Chart AUD/USD Update: Pressuring resistance - room for a minor test higher
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Still little change, as prices extend pressure on congestion resistance at 0.7000
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | congestion | S1 | 0.6950 | congestion | ||
| R3 | 0.7100 | ** | congestion | S2 | 0.6900 | * | congestion | |
| R2 | 0.7050 | * | congestion | S3 | 0.6850 | ** | 50% ret of Nov-May rally | |
| R1 | 0.7000 | * | congestion | S4 | 0.6833 | ** | 30 Mar (m) low |
Asterisk denotes strength of level
14:25 BST - Still little change, as prices extend pressure on congestion resistance at 0.7000. The rising daily Tension Indicator highlights room for continuation above here. But flat overbought daily stochastics and mixed weekly charts should limit initial scope in renewed consolidation beneath further congestion around 0.7050. Meanwhile, immediate support is at congestion around 0.6950. But stronger support around 0.6900 should underpin any deeper setbacks.