Published: 2026-06-03T13:43:35.000Z
Chart AUD/USD Update: Lower in range
1
Cautious trade around resistance at 0.7200 has given way to a pullback
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7500 | ** | historic congestion | S1 | 0.7100 | congestion | ||
| R3 | 0.7400 | ** | historic congestion | S2 | 0.7050 | * | congestion | |
| R2 | 0.7280~ | ** | June 2022 high | S3 | 0.7000 | * | congestion | |
| R1 | 0.7200 | ** | break level, 61.8% ret | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
14:20 BST - Cautious trade around resistance at 0.7200 has given way to a pullback, as intraday studies turn down, with prices currently balanced around 0.7150. A break will open up congestion support at 0.7100. But rising daily readings should limit any immediate tests in consolidation. Meanwhile, a close above 0.7200 is needed to improve sentiment and open up a test of critical resistance at 0.7280~.