Published: 2025-10-10T13:23:15.000Z
Chart AUD/USD Update: Pressuring 0.6550 - studies under pressure
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Choppy trade around congestion resistance at 0.6600 has given way to a pullback to congestion support at 0.6550
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6700 | ** | 76.4% ret of Sep-Apr fall | S1 | 0.6550 | * | congestion | |
| R3 | 0.6688 | ** | 7 Nov (m) high | S2 | 0.6500 | * | congestion | |
| R2 | 0.6630 | * | recent highs | S3 | 0.6400 | ** | congestion | |
| R1 | 0.6600 | ** | congestion | S4 | 0.6350 | * | congestion |
Asterisk denotes strength of level
14:15 BST - Choppy trade around congestion resistance at 0.6600 has given way to a pullback to congestion support at 0.6550, as intraday studies turn down, where fresh consolidation is developing. Daily readings continue to deteriorate and broader weekly charts are under pressure, suggesting room for fresh losses in the coming sessions. A break beneath here will add weight to sentiment and initially open up further congestion around 0.6500. Meanwhile, resistance within the 0.6600/30 range is expected to cap any immediate tests higher.