Published: 2026-09-22T00:25:19.000Z
Chart AUD/USD Update: Extend consolidation within .7100/.7150 area
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Little change, as test higher from the .7100/.7080 support see gains kept in check at the .7150 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7278 | ** | 6 May YTD high | S1 | 0.7100 | * | congestion | |
| R3 | 0.7238 | ** | 9 Sep high | S2 | 0.7080 | * | May low | |
| R2 | 0.7200 | * | congestion | S3 | 0.7050 | ** | congestion, 50% | |
| R1 | 0.7150 | * | congestion | S4 | 0.7005/00 | ** | 61.8%, congestion |
Asterisk denotes strength of level
00:20 GMT - Little change, as test higher from the .7100/.7080 support see gains kept in check at the .7150 congestion. Daily studies are unwinding oversold readings and break above the latter cannot be ruled out. Clearance will ease the downside pressure and open up room for retest of resistance at .7180/.7200 area. Would take break here, but not expected, to expose the .7238 and .7378 highs to retest. Meanwhile, support at the .7100/.7080 area now underpin. Below here will open up room for deeper pullback to retrace the June/September rally towards the .7050 ccongestion and 50% Fibonacci level.