Published: 2026-06-25T06:56:54.000Z
Chart EUR/AUD Update: Extend corrective gains
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Break above the 1.6400/25 resistance see prices extending bounce from the 1.6300 congestion to retest the 1.6500 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6800/45 | ** | congestion, Mar high | S1 | 1.6425 | * | congestion | |
| R3 | 1.6680 | 13 Apr high | S2 | 1.6300 | ** | congestion | ||
| R2 | 1.6600/20 | * | congestion | S3 | 1.6200 | * | congestion | |
| R1 | 1.6500 | ** | congestion, 8 Apr low | S4 | 1.6130/10 | ** | Mar, 13 May YTD lows |
Asterisk denotes strength of level
06:50 GMT - Break above the 1.6400/25 resistance see prices extending bounce from the 1.6300 congestion to retest the 1.6500 resistance. Positive daily and weekly studies suggest scope for break here to see room for stronger gains to retrace the March/May losses and see room to resistance at 1.6600/20 congestion. Meanwhile, support is raised to 1.6425 and this extend to the 1.6300 congestion which should underpin. A later break here will return focus to the downside for retest of 1.6200 congestion then the 1.6130/10 March/May lows.