Published: 2026-08-26T00:23:20.000Z
Chart AUD/USD Update: Firm in range
1
Remains below the .7180 Friday's high as prices consolidate around .7150 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7300 | * | congestion | S1 | 0.7150 | * | congestion | |
| R3 | 0.7278 | ** | 6 May YTD high | S2 | 0.7100 | ** | congestion | |
| R2 | 0.7200 | * | 29 May high, congestion | S3 | 0.7050 | * | congestion | |
| R1 | 0.7180 | * | 21 Aug high | S4 | 0.7025 | ** | 21 Jul high |
Asterisk denotes strength of level
00:20 GMT - Remains below the .7180 Friday's high as prices consolidate around .7150 congestion. Bullish structure from the .6922 late-July low keep focus on the upside and see room for extension to .7200 level. Above here will open up scope for retest of .7278 current year high of 6 May where reaction can be expected as daily and weekly stretches into overbought areas. A later clearance here will extend the broader gains from the April 2025 year low. Meanwhile, break of the support at .7150 will ease the upside pressure and see deeper consolidation back to the .7100./7080 support area.