Published: 2026-03-27T00:27:13.000Z
Chart AUD/USD Update: Under pressure
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Sharply lower through the .6945 and .6910 pin bar lows to extend losses from the .7188, 11 March current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7188 | ** | 11 Mar YTD high | S1 | 0.6875 | 26 Mar low | ||
| R3 | 0.7100 | * | congestion | S2 | 0.6805/00 | * | 50%, congestion | |
| R2 | 0.7000 | * | congestion | S3 | 0.6765 | * | 7 Jan high | |
| R1 | 0.6980 | ** | 13 Mar low | S4 | 0.6715 | * | 61.8% Nov/Mar rally |
Asterisk denotes strength of level
00:20 GMT - Sharply lower through the .6945 and .6910 pin bar lows to extend losses from the .7188, 11 March current year high. Break below .6900/.6895 congestion and Fibonacci level has seen extension to .6875. Bearish momentum suggest consolidation here giving way to further selling pressure later and see room for extension to .6805, 50% Fibonacci level. Meanwhile, resistance is lowered to the .6980/.7000 congestion area which is expected to cap corrective bounce. Above here will ease the downside pressure and see consolidation to resistance at the .7050/.7100 congestion area.