Published: 2025-10-27T07:37:47.000Z
Chart AUD/NZD Update: Higher in consolidation above 1.1300
1
Consolidation around the 1.1300 level have given way to bounce to retest resistance at the 1.1350/70 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1490 | ** | Sep 2022 year high | S1 | 1.1300 | * | congestion | |
| R3 | 1.1445 | ** | 8 Oct YTD high | S2 | 1.1250 | * | congestion | |
| R2 | 1.1400 | * | congestion | S3 | 1.1180 | ** | Nov 2024 year high | |
| R1 | 1.1350/70 | * | congestion | S4 | 1.1150/40 | * | Jul 2024 high, 38.2% |
Asterisk denotes strength of level
07:30 GMT - Consolidation around the 1.1300 level have given way to bounce to retest resistance at the 1.1350/70 congestion. Daily studies are unwinding oversold readings but closed above this area is needed to revive the upside focus and open up room for retest of the 1.1400 level and 1.1445 high. Clearance here will turn focus to the 1.1490, September 2022 multi-year high. Meanwhile, support at the 1.1300/1.1270 congestion area should now underpin. Would take break here to fade the upside pressure and open up room for deeper pullback to retrace the April/October rally.