Published: 2025-07-04T00:21:31.000Z
Chart AUD/USD Update: Extend choppy trade below .6590 high
Technical Analyst
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Little change, as prices extend choppy trade below .6590 current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6700 | * | 76.4% Sep/Apr fall | S1 | 0.6550 | * | congestion | |
| R3 | 0.6688 | * | Nov 2024 high | S2 | 0.6500 | * | congestion | |
| R2 | 0.6650 | * | congestion | S3 | 0.6450 | * | congestion | |
| R1 | 0.6600 | * | congestion | S4 | 0.6372 | ** | Jun low |
Asterisk denotes strength of level
00:15 GMT - Little change, as prices extend choppy trade below .6590 current year high. Bullish price action keeps pressure on the upside and break here and the .6600 level will see room to extend the April gains to target .6650 congestion and .6688 high of November 2024. However, daily studies remains overbought and caution corrective pullback. Meanwhile, support remains at the .6550 previous high. Would take break here to fade the upside pressure and see room for corrective pullback to support at the .6500/.6450 congestion area.