Published: 2026-07-09T00:21:30.000Z
Chart AUD/USD Update: Extend consolidation below .6950
2
Little change, as prices extend consolidation below resistance at the .6950 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7050 | * | congestion | S1 | 0.6900 | * | congestion | |
| R3 | 0.7000 | ** | congestion | S2 | 0.6865 | ** | Jun low | |
| R2 | 0.6980 | * | 11 Jun low | S3 | 0.6833 | ** | Mar low | |
| R1 | 0.6950 | * | congestion | S4 | 0.6800 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Little change, as prices extend consolidation below resistance at the .6950 congestion. Mixed daily studies suggest ranging action likely with pullback to see support at .6900 congestion. Only below here will expose strong support at the .6865 June low to retest and threaten break to extend the May losses and see deeper pullback to retrace gains from the April 2025 year low. Lower will see room for retest of the .6833 March low and the .6800 figure. Meanwhile, resistance at the .6950/60 area now expected to cap. Clearance, if seen, will open up room to strong resistance at .6980/.7000.