Published: 2025-10-08T06:39:38.000Z
Chart AUD/NZD Update: Break to fresh year high
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Consolidation above the 1.1310 low has given way to rebound through the 1.1418 September high to reach fresh high at 1.1445
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1660 | * | Sep 2013 high | S1 | 1.1350 | * | congestion | |
| R3 | 1.1580 | * | Oct 2013 high | S2 | 1.1310/00 | * | 6 Oct low, congestion | |
| R2 | 1.1490 | ** | Sep 2022 year high | S3 | 1.1250 | * | congestion | |
| R1 | 1.1450 | * | congestion | S4 | 1.1180 | ** | Nov 2024 year high |
Asterisk denotes strength of level
06:35 GMT - Consolidation above the 1.1310 low has given way to rebound through the 1.1418 September high to reach fresh high at 1.1445. Higher will see scope for retest of 1.1490, 2022 year high. Would expect reaction at the latter but consolidation is expected to give way to further gains later. Higher will see room to the 1.1580/1.1660, October/September 2013 highs. Meanwhile, support is raised to the 1.1350 congestion and extending to the 1.1310/00 area which is expected to underpin and sustain bullish gains from April current year low.