Published: 2026-02-26T00:31:25.000Z
Chart AUD/USD Update: Focus return to .7147, current year high
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Consolidation below the .7100 level has given way to break to extend bounce from the .7015 low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280 | * | Jun 2022 high | S1 | 0.7100 | * | congestion | |
| R3 | 0.7250 | * | congestion | S2 | 0.7050/15 | ** | congestion, 20 Feb low | |
| R2 | 0.7205 | * | 61.8% 2021/2025 fall | S3 | 0.6900 | ** | congestion, 6 Feb low | |
| R1 | 0.7147 | ** | 12 Feb YTD high | S4 | 0.6870 | * | 38.2% Nov/Feb rally |
Asterisk denotes strength of level
00:20 GMT - Consolidation below the .7100 level has given way to break to extend bounce from the .7015 low of last week. Focus return to the .7147 high with bullish structure from the November low suggesting scope for break to extend the broader gains from the April low. Clearance will see scope for extension to target .7205, 61.8% Fibonacci retracement. Higher still, will open up room to .7280, June 2022 high. Meanwhile, support is raised to the .7100 level which should underpin and sustain bounce from the .7015 low.