Published: 2026-11-02T05:47:45.000Z
Chart AUD/NZD Update: Settled back from 1.2600, fresh year high
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Consolidating around the 1.2500 level following pullback from the 1.2600, 28 October fresh year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2682 | ** | Mar 2013 year high | S1 | 1.2400 | * | congestion | |
| R3 | 1.2650 | * | congestion | S2 | 1.2340 | * | 38.2% Aug/Oct rally | |
| R2 | 1.2600 | ** | 28 Oct YTD high | S3 | 1.2315 | * | 1 Oct low | |
| R1 | 1.2555 | * | 29 Oct high | S4 | 1.2270 | ** | 16 Oct low |
Asterisk denotes strength of level
05:40 GMT - Consolidating around the 1.2500 level following pullback from the 1.2600, 28 October fresh year high. Daily studies are unwinding overbought readings but bullish price action keep pressure on the upside and consolidation expected to give way to retest of the 1.2600 high later. Clearance, will extend the bullish gains from the April 2025 year low. Meanwhile, support at the 1.2450/00 congestion is expected to underpin. Only below here will see room for deeper pullback to retrace gains from the 1.1915 August low towards 1.2340, 38.2% Fibonacci retracement.