Published: 2026-06-11T06:02:33.000Z
Chart EUR/AUD Update: Extending corrective gains
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Break above 1.6350 resistance has seen gains to reach 1.6500
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6800 | * | congestion | S1 | 1.6350 | * | congestion | |
| R3 | 1.6680 | * | 13 Apr high | S2 | 1.6200 | * | congestion | |
| R2 | 1.6600 | * | congestion | S3 | 1.6130/10 | ** | Mar, 13 May YTD lows | |
| R1 | 1.6500 | ** | congestion, 8 Apr low | S4 | 1.6000 | ** | figure, congestion |
Asterisk denotes strength of level
06:00 GMT - Break above 1.6350 resistance has seen gains to reach 1.6500. Clearance here will further extend the May gains and see room to target 1.6600 congestion and 1.6680 resistance. Beyond this will turn focus to the 1.6800 level and 1.6845 March high. Corrective gains are expected to give way to renewed selling pressure later. Meanwhile, support at raised to 1.6400/1.6350 congestion area. Below this will return focus to the downside for retest of 1.6130/10 lows and see scope to extend broader losses from the April 2025 year high.