Published: 2026-08-17T00:21:58.000Z
Chart AUD/USD Update: Pressuring .7080/.7100 resistance
1
Consolidation above support at the .7050 congestion has given way to fresh buying interest to pressure resistance at the .7080/.7100 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7150 | * | congestion | S1 | 0.7050 | * | congestion | |
| R3 | 0.7120 | * | 61.8% May/Jun fall | S2 | 0.7000 | * | figure, congestion | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6950 | ** | congestion | |
| R1 | 0.7080 | * | May low | S4 | 0.6922 | ** | 29 Jul low |
Asterisk denotes strength of level
00:15 GMT - Consolidation above support at the .7050 congestion has given way to fresh buying interest to pressure resistance at the .7080/.7100 area. Break here will extend the bullish gains from the .6865 June low and see room for extension towards .7120 Fibonacci level. Higher still, will turn focus to the .7150/.7200 congestion area. Beyond this will open up room to the May current year high at .7278. Meanwhile, support at the .7050 congestion should underpin. Break here, if seen, will open up room for deeper pullback towards support at the .7022/.7000 congestion area