Published: 2025-09-26T00:28:39.000Z
Chart AUD/USD Update: Still heavy, focus turn to .6500
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Sharply lower following break of the .6580/75 support
Levels | Imp | Comment | Levels | Imp | Comment | |||
---|---|---|---|---|---|---|---|---|
R4 | 0.6625 | ** | Jul high | S1 | 0.6500 | * | congestion | |
R3 | 0.6600 | * | congestion | S2 | 0.6482 | * | 2 Sep low | |
R2 | 0.6575 | * | 24 Sep low | S3 | 0.6450 | * | congestion | |
R1 | 0.6550 | * | congestion | S4 | 0.6415 | ** | Aug low |
Asterisk denotes strength of level
00:20 GMT - Sharply lower following break of the .6580/75 support. Negative daily studies keep pressure fimrly on the downside with break of the .6550 congestion turning focus to the .6500 level. Would expect reaction at the latter but bearish momentum threatens break lower to open up room to the .6482/.6450 area. Meanwhile, resistance starts at the .6550 congestion and this extend to the .6575 mid-week low, now expected to cap and sustain losses from the .6707 high.