Published: 2026-01-15T00:18:18.000Z
Chart AUD/USD Update: Range-bound in choppy trade
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Range-bound in choppy trade as prices extend consolidation above the .6660 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6850 | * | congestion | S1 | 0.6660 | ** | 31 Dec low | |
| R3 | 0.680025 | * | congestion, Aug 2024 high | S2 | 0.6625/00 | ** | Jul 2025 high, congestion | |
| R2 | 0.6766 | ** | 7 Jan YTD high | S3 | 0.6550 | * | congestion | |
| R1 | 0.6700/27 | * | congestion, Dec high | S4 | 0.6500 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Range-bound in choppy trade as prices extend consolidation above the .6660 support. Ranging action see prices tracing out a potential top pattern at the .6766 high and negative daily studies suggest scope for break here to open up room for deeper pullback to retrace gains from the November low. Lower will see extension to strong support at .6625/.6600 area. Meanwhile, resistance at the .6700/27 area expected to cap. Would take break here to revive the upside focus for retest of .6766 high and extend gains from the April low.