Published: 2026-02-19T14:28:59.000Z
Chart AUD/USD Update: Leaning lower
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Cautious trade is giving way to a drift lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280~ | ** | June 2022 high | S1 | 0.7000 | * | congestion | |
| R3 | 0.7200 | ** | 61.8% ret of 2021-2025 fall | S2 | 0.6900 | ** | break level | |
| R2 | 0.7147/55~ | ** | 12 Feb YTD high; Feb 2023 (y) high | S3 | 0.6800 | break level | ||
| R1 | 0.7100 | break level | S4 | 0.6700 | * | break level |
Asterisk denotes strength of level
14:20 GMT - Cautious trade is giving way to a drift lower, as intraday studies turn down, with prices on congestion support at 0.7000. Daily readings are also bearish and overbought weekly stochastics continue to unwind, highlighting room for still deeper losses in the coming sessions. A close below 0.7000 will add weight to sentiment and extend February losses towards support at 0.6900. Meanwhile, resistance remains at the 0.7100 break level, and should cap any immediate tests higher.