Published: 2026-06-17T00:23:10.000Z
Chart AUD/USD Update: Range-bound
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Little change, as prices holds steady within the .7038/.7088 Monday's range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | 29 May high, congestion | S1 | 0.7038 | 15 Jun low | ||
| R3 | 0.7150 | * | congestion | S2 | 0.7000 | * | congestion | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6980 | ** | 11 Jun low | |
| R1 | 0.7080 | * | May low | S4 | 0.6950 | * | congestion |
Asterisk denotes strength of level
00:20 GMT - Little change, as prices holds steady within the .7038/.7088 Monday's range. Would take break of resistance at the .7080./7100 area to open up room for stronger recovery to retrace losses from the May YTD high towards the .7150/.7200 congestion area. Clearance here will return focus to the .7278 high. Meanwhile, support remains at the .7050/.7038 area which should underpin. Below this will expose the .7000 figure and .6980 low of last week to retest and threatens deeper corrective pullback of the March/May rally.