Published: 2026-04-09T13:32:36.000Z
Chart AUD/USD Update: Consolidating - studies rising
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Little change, as prices extend consolidation beneath congestion resistance at 0.7050
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7187 | ** | 11 Mar YTD high | S1 | 0.7000 | * | congestion | |
| R3 | 0.7155 | * | February 2023 (y) high | S2 | 0.6960 | * | 1 Apr (w) high | |
| R2 | 0.7100 | congestion | S3 | 0.6900 | * | break level | ||
| R1 | 0.7050 | * | congestion | S4 | 0.6833 | ** | 30 Mar (m) low |
Asterisk denotes strength of level
14:25 BST - Little change, as prices extend consolidation beneath congestion resistance at 0.7050. Daily readings are rising, highlighting room for continuation beyond here towards further congestion around 0.7100. But negative weekly charts should limit any immediate break above here in consolidation beneath critical resistance within the 0.7155 - 0.7187 range. Meanwhile, support remains at congestion around 0.7000 and extends to the 0.6960 weekly high of 1 April. This range should underpin any immediate setbacks.