Published: 2026-01-23T00:23:48.000Z
Chart AUD/USD Update: Extending gains
2
Break to fresh high above has seen sharp gains to approach resistance at .6850 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6960 | * | 50% 2021/2025 fall | S1 | 0.6800 | * | congestion | |
| R3 | 0.6942 | ** | Sep 2024 year high | S2 | 0.6766 | ** | 7 Jan high | |
| R2 | 0.6900 | * | congestion | S3 | 0.6727 | * | Dec high | |
| R1 | 0.6850 | * | congestion | S4 | 0.6700 | * | Sep high, congestion |
Asterisk denotes strength of level
00:15 GMT - Break to fresh high above has seen sharp gains to approach resistance at .6850 congestion. Consolidation here see prices unwind overbought intraday studies but bullish momentum keep pressure on the upside. Higher will see room to target the .6900 level but focus has now turned to the .6942, 2024 year high. Higher still, will see continuation to .6960, 50% Fibonacci level. Meanwhile, support is raised to the .6800 level which extend to the .6766, 7 January high. This area now expected to underpin and sustain gains from the recent November swing low.