Published: 2026-04-28T06:57:54.000Z
Chart AUD/NZD Update: Consolidating below 1.2200 high
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Bounce from the 1.2100 level has seen gains above the 1.2150 resistance to approach the 1.2200, 8 April current year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2400 | * | congestion | S1 | 1.2100 | * | 23 Apr low | |
| R3 | 1.2350 | * | 61.8% 2011/2020 fall | S2 | 1.2050 | ** | figure, congestion | |
| R2 | 1.2300/10 | ** | congestion, 2011 yr low | S3 | 1.2000 | * | congestion | |
| R1 | 1.2200 | ** | 8 Apr YTD high | S4 | 1.1930 | ** | 27 Mar low |
Asterisk denotes strength of level
06:50 GMT - Bounce from the 1.2100 level has seen gains above the 1.2150 resistance to approach the 1.2200, 8 April current year high. Break here will further extend the bullish gains from the April 2025 year low and see room for extension to strong resistance at the 1.2300/10 congestion and 1.2350, 61.8% Fibonacci retracement. Meanwhile, support remains at the 1.2100 level and extend to 1.2050 congestion area which should underpin. Only below here will fade the upside pressure and open up room for deeper pullback to support at the 1.2000 figure and 1.1930, 27 March swing low.