Published: 2026-09-15T06:48:12.000Z
Chart AUD/NZD Update: Extending gains
1
No follow-through on probes above the 1.2370 as prices unwind overbought intraday studies but pressure remains on the upside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2500 | ** | congestion | S1 | 1.2285 | ** | May high | |
| R3 | 1.2450 | * | congestion | S2 | 1.2250 | * | congestion | |
| R2 | 1.2400 | * | congestion | S3 | 1.2200 | * | congestion | |
| R1 | 1.2370 | ** | 9 Sep YTD high | S4 | 1.2150 | * | Mar high |
Asterisk denotes strength of level
06:35 GMT - No follow-through on probes above the 1.2370 as prices unwind overbought intraday studies but pressure remains on the upside. Clearance here will see room to further extend recent gains from the 1.1915 low of August and see room to target the 1.2400/1.2450 congestion area. Higher still, will see scope to strong resistance at 1.2500 level and congestion from March 2013. Meanwhile, support is at 1.2285, May high. Overbought daily studies caution corrective pullback and break here will see room for deeper pullback to 1.2250/1.2200 congestion area and 1.2150, March high.