Published: 2026-07-08T00:31:47.000Z
Chart AUD/USD Update: Settled back in consolidation below .6950
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Limited on break above .6950 as prices settled back in consolidation from the .6960 high to reach .6920 low
| 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
00:20 GMT - Limited on break above .6950 as prices settled back in consolidation from the .6960 high to reach .6920 low. Mixed daily studies suggest ranging action likely with pullback to see support at .6900 congestion. Only only here will expose strong support at the .6865 June low to retest. Break here will 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.