Published: 2026-04-22T07:28:11.000Z
Chart EUR/AUD Update: Weighing on the 1.6400 support
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Under pressure as prices extend losses from the 1.6845 March high to weigh on the 1.6400 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6800/45 | ** | congestion, Mar high | S1 | 1.6400 | * | congestion | |
| R3 | 1.6680 | ** | 13 Apr high | S2 | 1.6350 | ** | 13 Mar high | |
| R2 | 1.6600/20 | * | congestion | S3 | 1.6200 | * | 18 Mar low | |
| R1 | 1.6500 | * | congestion, 8 Apr low | S4 | 1.6130 | ** | 11 Mar YTD low |
Asterisk denotes strength of level
07:30 GMT - Under pressure as prices extend losses from the 1.6845 March high to weigh on the 1.6400 level. Below this will open up room for deeper pullback to strong support at 1.6350, 13 March high. Break here will return focus to the downside for retest of 1.6200 level then the 1.6130, 11 March current year low. Lower still, will extend the broader losses from the April 2025 year high and see room to 1.6000 figure. Meanwhile, resistance remains at the 1.6500 level which is expected to cap and sustain the losses from 1.6845, March swing high.