Published: 2025-10-10T00:21:04.000Z
Chart AUD/USD Update: Weighing on .6550 support
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Retest of the .6600/25 resistance met with fresh selling pressure to retest support at the .6550 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6700/07 | ** | congestion, 17 Sep YTD high | S1 | 0.6550 | * | congestion | |
| R3 | 0.6660 | * | 18 Sep high | S2 | 0.6520 | ** | 26 Sep low | |
| R2 | 0.6625 | ** | Jul high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6600 | * | congestion | S4 | 0.6450 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Retest of the .6600/25 resistance met with fresh selling pressure to retest support at the .6550 congestion. Negative daily studies suggest room for further losses to retest the .6520 low. Break here will extend the broader losses from the .6707 current year high and open up room for extension to the .6500 level. Meanwhile, resistance at the .6600/25 congestion and July high is expected to cap and sustain losses from .6707 high. Regaining this will fade the downside pressure and return focus to the latter.