Published: 2026-06-30T06:19:05.000Z
Chart EUR/AUD Update: Extend corrective gains
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Break above strong resistance at the 1.6500 level extend the broader gains from 1.6110 May current year low to reach the 1.6600/20
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6845 | ** | Mar high | S1 | 1.6500 | ** | congestion | |
| R3 | 1.6800 | * | congestion | S2 | 1.6425 | * | congestion | |
| R2 | 1.6700/30 | * | congestion, 6 Apr high | S3 | 1.6305/00 | ** | 23 Jun low, congestion | |
| R1 | 1.6600/20 | * | congestion | S4 | 1.6200 | * | congestion |
Asterisk denotes strength of level
06:15 GMT - Break above strong resistance at the 1.6500 level extend the broader gains from 1.6110 May current year low to reach the 1.6600/20 congestion area. Positive daily and weekly studies keep pressure on the upside and see room to further retrace the March/May losses. Higher will room to resistance at 1.6700/30 area. Meanwhile, support is raised to 1.6500 level which should underpin. Only below here will ease the upside pressure and see room for deeper pullback to the 1.6425/00 congestion and 1.6305, 23 June low.