Published: 2026-06-15T00:35:33.000Z
Chart AUD/USD Update: Extending gains
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Extending bounce from the .6980 low of last week as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | 29 May high, congestion | S1 | 0.7000 | * | congestion | |
| R3 | 0.7150 | * | congestion | S2 | 0.6980 | ** | 11 Jun low | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6950 | * | congestion | |
| R1 | 0.7080 | * | May low | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
00:20 GMT - Extending bounce from the .6980 low of last week as prices unwind oversold daily studies to pressure strong resistance at .7080/.7100 area. Would take break here to open up room for stronger recovery to retrace losses from the May YTD high towards resistance at .7150/.7200 congestion area. Beyond this will return focus to the .7278 high. Meanwhile, support at the .7000/.6980 area should underpin and sustain the bullish gains from the April 2025 low.