Published: 2026-02-25T00:23:17.000Z
Chart AUD/USD Update: Sideways in range below .7100
-
Little change, as prices extend consolidation below the .7100
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280 | * | Jun 2022 high | S1 | 0.7015 | * | 20 Feb low | |
| R3 | 0.7205 | * | 61.8% 2021/2025 fall | S2 | 0.6900 | ** | congestion, 6 Feb low | |
| R2 | 0.7147 | ** | 12 Feb YTD high | S3 | 0.6870 | * | 38.2% Nov/Feb rally | |
| R1 | 0.7100 | * | congestion | S4 | 0.6800 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Little change, as prices extend consolidation below the .7100. While the latter caps scope is seen for pullback to retest the .7015 low of last week and the .7000 congestion. Would take break here to see room for deeper pullback to retrace the November/February rally to strong support at the .6900 level and .6870, 38.2% Fibonacci level. Meanwhile, resistance remains at the .7100 level and this should keep gains in check. Would need to clear this to expose the .7147 high to retest and see scope to further retrace the 2021/2025 losses.