Published: 2025-09-11T00:24:36.000Z
Chart AUD/USD Update: Extending gains
0
-
Break above the .6600 level has seen gains reaching fresh high at .6635
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6580 | * | 10 Sep low | |
| R3 | 0.6700 | * | 76.4% Sep/Apr fall | S2 | 0.6550 | ** | congestion | |
| R2 | 0.6688 | * | Nov high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6635 | ** | 10 Sep YTD high | S4 | 0.6462 | * | 27 Aug low |
Asterisk denotes strength of level
00:15 GMT - Break above the .6600 level has seen gains reaching fresh high at .6635 before settling back in consolidation as prices unwind overbought intraday studies. However, positive daily and weekly studies keeps pressure on the upside and suggest room to extend gains. Higher will extend gains from the April low and see room to target the November high at .6688 then .6700, 76.4% Fibonacci level. Meanwhile, support is raised to the .6580/.6550 congestion area which should underpin and sustain bounce from the .6415, August low.