Published: 2025-08-25T07:39:49.000Z
Chart EUR/AUD Update: Lower in consolidation towards 1.8000/1.7945 support
Technical Analyst
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Lower in consolidation from the 1.8150 high after failing to sustain break of the 1.8100, July high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8400 | * | congestion | S1 | 1.8000 | * | congestion | |
| R3 | 1.8245 | * | 76.4% Apr/May fall | S2 | 1.7945 | * | 7 Aug high | |
| R2 | 1.8200 | * | figure | S3 | 1.7810/00 | ** | 12 Aug low, congestion | |
| R1 | 1.8100 | * | Jul high, congestion | S4 | 1.7700 | * | congestion |
Asterisk denotes strength of level
07:30 GMT - Lower in consolidation from the 1.8150 high after failing to sustain break of the 1.8100, July high, as prices unwind overbought intraday and daily studies. Pullback see room to support at the 1.8000 congestion then 1.7945, 7 August high. Would take break of these to fade the upside pressure and open up room for deeper pullback to the 1.7800 congestion and channel support from the May low. Meanwhile, resistance at 1.8100 July high is expected to cap. Break here needed to extend gains to target 1.8200 and 1.8245, 76.4% Fibonacci level.