Published: 2025-12-11T00:18:27.000Z
Chart AUD/USD Update: Poised for retest of .6707, YTD high
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Consolidation at the .6650 congestion has given way to break to extend gains from the .6421 low to reach .6685 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6625/00 | * | Jul high, congestion | |
| R3 | 0.6750 | * | congestion | S2 | 0.6550 | * | congestion | |
| R2 | 0.6700/07 | ** | figure, 17 Sep YTD high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6685 | * | 10 Dec high | S4 | 0.6440/15 | ** | Oct, Aug lows |
Asterisk denotes strength of level
00:10 GMT - Consolidation at the .6650 congestion has given way to break to extend gains from the .6421 low to reach .6685 high. Pressure remains on the upside with bullish momentum suggesting room for extension to retest the .6707, September current year high. Break here will extend the broader gains from the April low to retrace losses from the September 2024 high. Higher will see room to .6750/.6800 congestion. Meanwhile, support at the .6625/00 area should underpin and sustain gains from the November low.