Published: 2026-09-23T13:51:27.000Z
Chart AUD/USD Update: Under pressure
1
Consolidation above 0.7100 has given way to anticipated losses
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7250 | * | congestion | S1 | 0.7050 | * | congestion | |
| R3 | 0.7200 | ** | congestion | S2 | 0.7000 | * | congestion | |
| R2 | 0.7150 | * | congestion | S3 | 0.6950 | * | break level | |
| R1 | 0.7100 | ** | congestion | S4 | 0.6900 | ** | congestion |
Asterisk denotes strength of level
14:35 BST - Consolidation above 0.7100 has given way to anticipated losses, with the break adding weight to sentiment and prompting a swift fall to congestion support at 0.7050. Daily readings have turned down and broader weekly cahrts continue to deteriorate, highlighting room for still further losses in the coming sessions. A break below 0.7050 will add weight to already bearish price action and extend September losses towards 0.7000.
Meanwhile, resistance is lowered to congestion around 0.7100. A close back above here, if seen, would help to stabilise sentiment and prompt consolidation beneath 0.7150.