Published: 2025-09-19T00:26:53.000Z
Chart AUD/USD Update: Extending corrective pullback
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Extending pullback from the .6700/10 congestion and 38.2% Fibonacci level to reach .6625/.6600 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900/42 | ** | congestion, Sep 2024 year high | S1 | 0.6625/00 | ** | Jul high, congestion | |
| R3 | 0.6800/20 | * | congestion | S2 | 0.6550 | ** | congestion | |
| R2 | 0.6750 | * | congestion | S3 | 0.6500 | * | congestion | |
| R1 | 0.6700/10 | ** | figure, 38.2% 2021/Apr fall | S4 | 0.6462 | * | 27 Aug low |
Asterisk denotes strength of level
00:15 GMT - Extending pullback from the .6700/10 congestion and 38.2% Fibonacci level as prices unwind the overbought intraday and daily studies to reach support at the .6625/.6600 recent highs. Break here will open up room for deeper correction of the rally from the .6415 August low to strong support at the .6550 congestion. Corrective pullback is expected to give way to renewed buying interest later for retest of .6700/10 resistance. Clearance will open up room to the .6750 and .6800/20 congestion area.