Published: 2026-02-20T00:24:37.000Z
Chart AUD/USD Update: Lower in consolidation
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Leaning lower in consolidation below the .7100 level and see room for pullback to the .7000 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280 | * | Jun 2022 high | S1 | 0.7000 | * | congestion | |
| R3 | 0.7205 | * | 61.8% 2021/2025 fall | S2 | 0.6900 | ** | congestion, Feb low | |
| R2 | 0.7147 | ** | 12 Feb YTD high | S3 | 0.6870 | * | 38.2% Nov/Feb rally | |
| R1 | 0.7100 | * | congestion | S4 | 0.6800 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Leaning lower in consolidation below the .7100 level and see room for pullback to the .7000 level. Break here will see deeper pullback to retrace the November/February rally and see extension to strong support at the .6900 level and .6870, 38.2% Fibonacci level. Meanwhile, resistance at the .7100 level now expected to cap. Regaining this will ease the downside pressure and clear the way for retest of the .7147 high and see scope to further extend gains from the April 2025 low.