Published: 2026-10-30T15:20:21.000Z
Chart AUD/USD Update: Cautious trade
1
Little change, as prices extend cautious trade around 0.7025
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | congestion | S1 | 0.7000 | * | congestion | |
| R3 | 0.7140 | ** | 21 Sep (w) high | S2 | 0.6950 | * | break level | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6900 | ** | congestion | |
| R1 | 0.7050 | * | congestion | S4 | 0.6865 | ** | 30 Jun (m) low |
Asterisk denotes strength of level
14:55 GMT - Little change, as prices extend cautious trade around 0.7025. Overbought daily stochastics are drifting lower, suggesting room for continuation down to congestion support at 0.7000. But the rising daily Tension Indicator and unwinding oversold weekly stochastics should limit any initial tests in consolidation. The bearish weekly Tension Indicator and negative longer-term charts, however, point to a later break.
Meanwhile, resistance remains at congestion around 0.7050. Any fresh tests above here should meet renewed selling interest beneath further congestion around 0.7100.