Published: 2025-10-13T07:01:43.000Z
Chart EUR/AUD Update: Lower in consolidation from 1.7954 high
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Settled back in range from the Friday's high at 1.7954 to consolidate at the 1.7800 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8157 | ** | Aug high | S1 | 1.7800 | * | congestion | |
| R3 | 1.8100 | * | Jul high | S2 | 1.7700 | * | congestion | |
| R2 | 1.8000 | * | congestion | S3 | 1.7600 | ** | congestion, 61.8% | |
| R1 | 1.7954 | * | 10 Oct high | S4 | 1.7500 | * | congestion |
Asterisk denotes strength of level
07:00 GMT - Settled back in range from the Friday's high at 1.7954 to consolidate at the 1.7800 level as prices unwind overbought intraday studies. Daily studies have turned mixed but stronger gains to retest the 1.8000 level cannot be ruled out. Clearance, if seen, will expose the 1.8100 and 1.8157, July and August highs to retest. Meanwhile, support at the 1.7800/1.7700 area should underpin. Would take break here to return focus to the downside for retest of the 1.7600 level and 61.8% Fibonacci level.