Published: 2025-10-24T00:19:30.000Z
Chart AUD/USD Update: Extend consolidation at the .6500 level
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Still little change, as prices extend consolidation around the .6500 level below the .6520 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6625 | ** | Jul high, congestion | S1 | 0.6470 | * | 10 Oct low | |
| R3 | 0.6600 | * | congestion | S2 | 0.6440 | * | 14 Oct low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6520 | * | 26 Sep low | S4 | 0.6350 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Still little change, as prices extend consolidation around the .6500 level below the .6520 resistance. While the latter caps scope is seen for retest of the .6470/.6440 support. Below this will extend the broader losses from the .6707 high and see room to further retrace the April/September rally. Lower will turnfocus to the strong support at .6415/00, the August low and 38.2% Fibonacci level. Would take break above .6520 to open up room for stronger bounce to resistance at the .6550 congestion.