Published: 2025-10-28T00:26:06.000Z
Chart AUD/USD Update: Extending gains
1
Extending break of the .6520 resistance to reach the .6550 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6707 | ** | 17 Sep YTD high | S1 | 0.6520/00 | * | 26 Sep low, congestion | |
| R3 | 0.6660 | 18 Sep high | S2 | 0.6470 | * | 10 Oct low | ||
| R2 | 0.6625 | ** | Jul high, congestion | S3 | 0.6440 | ** | 14 Oct low | |
| R1 | 0.6600 | * | congestion | S4 | 0.6415/00 | ** | Aug low, 38.2% |
Asterisk denotes strength of level
00:10 GMT - Extending break of the .6520 resistance to reach the .6550 congestion. Positive daily studies suggest scope for break here to extend gains from the .6440 low. Higher will turn focus to strong resistance at the .6600/25 area where reaction can be expected. However, a later break cannot be ruled out. Clearance, if seen, will return focus to the .6707, current year high. Meanwhile, support is raised to the .6520/00 congestion area which should underpin and sustain bounce from the .6440 low.