Published: 2026-02-27T06:59:13.000Z
Chart AUD/NZD Update: Extend to fresh high at 1.1900 Fibonacci level
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Extending bullish gains from the April 2025 year low to reach fresh high at 1.1900, 50% Fibonacci level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2140 | * | Feb 2013 low | S1 | 1.1850 | * | congestion | |
| R3 | 1.2100 | * | Jun 2013 high | S2 | 1.1800 | * | congestion | |
| R2 | 1.2000 | ** | figure, congestion | S3 | 1.1750 | * | congestion | |
| R1 | 1.1900 | * | 50% 2011/2020 fall | S4 | 1.1700/80 | ** | congestion, 17 Feb low |
Asterisk denotes strength of level
07:00 GMT - Extending bullish gains from the April 2025 year low to reach fresh high at 1.1900, 50% Fibonacci level. Clearance here will see room for extension to target the 1.2000 figure where reaction can be expected as daily and weekly studies stretches deep into overbought areas. Meanwhile, support is raised to the 1.1850/1.1800 congestion area which should underpin and limit any corrective pullback. Would take break here to ease the upside pressure and open up room for deeper pullback to strong support at 1.1700/1.1635 previous highs.