Published: 2025-11-05T14:56:09.000Z
Chart AUD/USD Update: Limited tests higher - studies under pressure
2
Anticipated losses have reached 0.6460~
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6630 | * | break level | S1 | 0.6460~ | intraday low | ||
| R3 | 0.6600 | ** | congestion | S2 | 0.6440 | ** | 14 Oct (m) low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6400 | ** | congestion | |
| R1 | 0.6500 | * | congestion | S4 | 0.6350 | * | congestion lows |
Asterisk denotes strength of level
14:45 GMT - Anticipated losses have reached 0.6460~, where unwinding oversold intraday studies are prompting choppy trade and a bounce back towards congestion resistance at 0.6500. A test above here cannot be ruled out. But negative daily readings and mixed/negative weekly charts are expected to limit scope in renewed selling interest beneath further congestion around 0.6550. Following cautious trade, fresh losses are looked for. A close below support at the 0.6440 monthly low of 14 October will add weight to sentiment and extend mid-September losses initially to congestion around 0.6400.