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Published: 2025-10-06T07:50:20.000Z

Chart AUD/NZD Update: Room for deeper pullback from 1.1418 high

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Steadied at 1.1312 low as prices consolidate sharp pullback from the 1.1418 high

 Level Comment  Level Comment
R41.1490**28 Sep 2022 year high S11.1300 congestion
R31.1440*30 Sep 2022 high S21.1250/45*congestion, 38.2%
R21.1400/18**figure, 30 Sep YTD high S31.1180**Nov 2024 year high
R11.1350*congestion S41.1150*Jul 2024 high

Asterisk denotes strength of level

07:40 GMT - Steadied at 1.1312 low as prices consolidate sharp pullback from the 1.1418 high. The resulting pin bar on weekly chart suggest scope for deeper pullback to correct strong gains from the April low. Below the 1.1300 level will see room to 1.1250/45, congestion and 38.2% Fibonacci level. Lower still, will see room to the strong support at 1.1180/1.1150, November 2024 year high and July 2044 high. Meanwhile, resistance is lowered to 1.1350 congestion which is expected to cap and sustain losses from 1.1418 high. Clearance will turn focus to 1.1490, 2022 year high.

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Topics
AUD/NZD-TA
DM-Technical
Technical Analysis

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