Published: 2026-04-22T00:19:19.000Z
Chart AUD/USD Update: Consolidating, room for higher later
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Retains bullish bias following bounce from above the .7100 level on Monday to retest .7187 March high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7300 | * | congestion | S1 | 0.7100 | * | congestion | |
| R3 | 0.7280 | * | Jun 2022 high | S2 | 0.7050 | * | congestion | |
| R2 | 0.7222 | ** | 17 Apr YTD high | S3 | 0.7000 | ** | figure, congestion | |
| R1 | 0.7187 | * | Mar high | S4 | 0.6950 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Retains bullish bias following bounce from above the .7100 level on Monday to retest .7187 March high. Clearance here will open up the .7222 high to retest and extend the underlying bull trend from the April 2025 year low. Higher will see room to resistance at the .7280/.7300 area. Meanwhile, support at the .7114 Monday's low should underpin and sustain bullish gains from the .6833 March low. Would take break of .7114 and .7100 support to ease the upside pressure and see room for deeper pullback to strong support at the .7050/.7000 area.