Published: 2026-07-02T00:32:39.000Z
Chart AUD/USD Update: Range-bound in consolidation
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No follow-through on the outside range day from the .6865 low as minor resistance at .6927 caps and keep pressure on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7000 | ** | congestion | S1 | 0.6865 | * | 30 Jun low | |
| R3 | 0.6980 | * | 11 Jun low | S2 | 0.6833 | ** | Mar low | |
| R2 | 0.6950 | * | congestion | S3 | 0.6800 | * | congestion | |
| R1 | 0.6927 | * | 25 Jun high | S4 | 0.6755 | * | 38.2% 2025/2026 rally |
Asterisk denotes strength of level
00:15 GMT - No follow-through on the outside range day from the .6865 low as minor resistance at .6927 caps and keep pressure on the downside. Lower will extend the May losses and see scope for extension to retest the .6833 Mar low. Below this will further retrace gains from the April 2025 year low to .6800 and .6755, Fibonacci level. Meanwhile, resistance is at the .6927/.6950 area. Would need lift over this to open up room for stronger corrective bounce to strong resistance at the .6980/.7000 area.