Published: 2026-04-23T06:49:09.000Z
Chart EUR/AUD Update: Weighing on the 1.6350 support
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Limited on break of the 1.6350 support but pressure remains on the downside following rejection from the 1.6845 March swing high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6800/45 | ** | congestion, Mar high | S1 | 1.6350 | ** | 13 Mar high | |
| R3 | 1.6680 | ** | 13 Apr high | S2 | 1.6200 | * | 18 Mar low | |
| R2 | 1.6600/20 | * | congestion | S3 | 1.6130 | ** | 11 Mar YTD low | |
| R1 | 1.6500 | * | congestion, 8 Apr low | S4 | 1.6100 | figure |
Asterisk denotes strength of level
06:45 GMT - Limited on break of the 1.6350 support but pressure remains on the downside following rejection from the 1.6845 March swing high. Lower will return focus to the downside for retest of 1.6200 level then the 1.6130, 11 March current year low. Break here will extend the broader losses from the April 2025 year high and see room to 1.6100 level and the 1.6000 figure. Meanwhile, resistance remains at the 1.6500 level which is expected to cap and sustain the losses from 1.6845, March swing high.