Published: 2025-12-09T00:21:00.000Z
Chart AUD/USD Update: Consolidating, room for higher later
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Little change, as prices settled into range below the .6650 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6625/00 | * | Jul high, congestion | |
| R3 | 0.6750 | * | congestion | S2 | 0.6550 | * | congestion | |
| R2 | 0.6700/07 | ** | figure, 17 Sep YTD high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6650 | * | congestion | S4 | 0.6440/15 | ** | Oct, Aug lows |
Asterisk denotes strength of level
00:10 GMT - Little change, as prices settled into range below the .6650 congestion. Consolidation here see prices unwinding overbought intraday and daily studies following strong gains from the .6421 low. Bullish momentum from the latter keeps focus on the upside and a later break will see scope for extension to retest the .6707, September YTD high. Beyond this will extend the broader gains from the April low to retrace losses from the September 2024 high. Meanwhile, support is raised to the .6625/00 high of July and congestion which should underpin and sustain gains from the November low.