Published: 2026-10-07T00:22:52.000Z
Chart AUD/USD Update: Extending gains from .6900 support
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Edging higher as prices extend bounce from the .6900 level to reach towards resistance at the .7000 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7100 | ** | congestion | S1 | 0.6950 | * | congestion | |
| R3 | 0.7080 | * | May low | S2 | 0.6900 | ** | congestion, channel | |
| R2 | 0.7050 | * | congestion | S3 | 0.6865 | ** | Jun low | |
| R1 | 0.7000 | * | congestion | S4 | 0.6833 | ** | Mar low |
Asterisk denotes strength of level
00:20 GMT - Edging higher as prices extend bounce from the .6900 level to reach towards resistance at the .7000 level. Both intraday and daily studies have turned up to unwind oversold readings and break here will open up room for stronger gains to retrace recent sharp losses from the .7238, September high. Higher will see room to the resistance at .7050 congestion then the.7080, May low. Meanwhile, support .6950/.6930 area should underpin. Below here and the .6900 level, if seen, will extend the September losses to retest the .6865/.6833, June and March lows.