Published: 2026-06-25T13:35:37.000Z
Chart AUD/USD Update: Consolidating - studies under pressure
3
Little change, as prices extend consolidation around congestion support at 0.6900
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | break level, 61.8% ret | S1 | 0.6900 | * | congestion | |
| R3 | 0.7100 | congestion | S2 | 0.6850 | ** | 50% ret of Nov-May rally | ||
| R2 | 0.7050 | * | congestion | S3 | 0.6833 | ** | 30 Mar (m) low | |
| R1 | 0.7000 | * | congestion | S4 | 0.6750 | ** | 61.8% ret of Nov-May rally |
Asterisk denotes strength of level
14:30 BST - Little change, as prices extend consolidation around congestion support at 0.6900. Daily readings are bearish and broader weekly charts are also under pressure, highlighting room for further losses in the coming sessions. A close beneath here will extend May losses towards stronger support within the 0.6833 monthly low of 30 March and the 0.6850 Fibonacci retracement. However, already oversold daily stochastics could limit any initial tests in short-covering/consolidation. Meanwhile, resistance remains at congestion around 0.7000 and should cap any immediate tests higher.