Published: 2025-11-26T07:23:01.000Z
Chart AUD/NZD Update: Room for deeper pullback from 1.1635 high
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No follow-through on break of the 1.1445 support but consolidation here expected to give way to fresh selling pressure
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1660 | * | Sep 2013 high | S1 | 1.1445 | ** | Oct high | |
| R3 | 1.1600/35 | ** | congestion, 13 Nov YTD high | S2 | 1.1400 | * | congestion | |
| R2 | 1.1570 | 20 Nov high | S3 | 1.1350 | * | congestion | ||
| R1 | 1.1500 | * | congestion | S4 | 1.1300 | * | congestion |
Asterisk denotes strength of level
07:20 GMT - No follow-through on break of the 1.1445 support but consolidation here expected to give way to fresh selling pressure later. Daily studies have turned mixed but negative weekly studies highlight risk for break here and the 1.1400 congestion to open up room for deeper pullback to retrace the April/November rally. Lower will see room to 1.1350 and 1.1300 congestion then 1.1260, 38.2% Fibonacci level. Meanwhile, resistance is lowered to 1.1500 congestion which should cap and sustain pullback from the 1.1600/35 area and 13 November YTD high.