Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Administration Panel
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2025-08-25T07:19:33.000Z

Chart AUD/NZD Update: Extending gains

byPakLai Ng

Technical Analyst
-

Consolidating test of the 1.1070 high but pressure remains on the upside

 Level Comment  Level Comment
R41.1150*Jul 2024 high S11.1000*congestion
R31.1100*congestion S21.0990*Jul high
R21.1090*upper channel S31.0930*congestion, Dec low
R11.1068*20 Aug high S41.0900**congestion  

Asterisk denotes strength of level

07:15 GMT - Consolidating test of the 1.1070 high but pressure remains on the upside and break here will further extend gains within the equidistant channel from the 1.0650, April current year low. Higher still, will see room to target 1.1090 channel resistance and the 1.1100 level where reaction can be expected as daily and weekly studies extend into overbought areas. Meanwhile, support at the 1.1000/1.0990 congestion and July high, is expected to underpin. Break here will fade the upside pressure and see room for corrective pullback to 1.0930/00 support.

Continue to read the article for free
Login

or

or

Topics
AUD/NZD-TA
DM-Technical
Technical Analysis

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image