Published: 2026-07-28T13:37:54.000Z
Chart AUD/USD Update: Range extension
2
Little change, as prices extend consolidation within the 0.6950 - 0.7000 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | congestion | S1 | 0.6950 | congestion | ||
| R3 | 0.7100 | ** | congestion | S2 | 0.6900 | * | congestion | |
| R2 | 0.7050 | * | congestion | S3 | 0.6850 | ** | 50% ret of Nov-May rally | |
| R1 | 0.7000 | * | congestion | S4 | 0.6833 | ** | 30 Mar (m) low |
Asterisk denotes strength of level
14:20 BST - Little change, as prices extend consolidation within the 0.6950 - 0.7000 range. Both daily and weekly charts are mixed, highlighting a cautious tone and room for further range extension in the coming sessions. A break below 0.6950 will open up further congestion around 0.6900. But any immediate tests should be limited in fresh consolidation. Meanwhile, congestion resistance at 0.7050 should cap any immediate tests above 0.7000.