Published: 2026-08-13T00:26:39.000Z
Chart AUD/USD Update: Bullish bias kept in check at .7080/.7100
1
Held firm above the .7050 congestion but resistance at the .7080/.7100 area keeping gains in check
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7150 | * | congestion | S1 | 0.7050 | * | congestion | |
| R3 | 0.7120 | * | 61.8% May/Jun fall | S2 | 0.7000 | * | figure, congestion | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6950 | ** | congestion | |
| R1 | 0.7080 | * | May low | S4 | 0.6922 | ** | 29 Jul low |
Asterisk denotes strength of level
00:15 GMT - Held firm above the .7050 congestion but resistance at the .7080/.7100 area keeping gains in check. However, bullish prices action keep pressure on the upside and break here will see room to extend gains from the .6865 June low to .7120 Fibonacci level. Higher still, will see room to the .7150/.7200 congestion. Meanwhile, support is raised to .7050 congestion. Below here will ease the upside pressure and see consolidation towards support at the .7022/.7000 Friday's low and congestion area which is expected to underpin and sustain gains from .6865 June low.