Published: 2026-06-09T07:11:28.000Z
Chart AUD/NZD Update: Rotating lower from 1.2165 corrective high
-
Rotating lower from the 1.2165 bounce high through support at the 1.2100 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2345 | * | 61.8% 2011/2020 fall | S1 | 1.2100 | * | congestion | |
| R3 | 1.2285 | ** | 26 May YTD high | S2 | 1.2050 | congestion | ||
| R2 | 1.2200 | * | 8 Apr high, congestion | S3 | 1.1980 | ** | 1 Jun high | |
| R1 | 1.2165 | ** | 3 Jun high | S4 | 1.1930 | ** | 27 Mar low |
Asterisk denotes strength of level
07:00 GMT - Rotating lower from the 1.2165 bounce high through support at the 1.2100 congestion. Earlier break of the wedge pattern in late-May threaten pullback to retest support at the 1.2050 congestion then the 1.2000/1.1980 congestion and low of 1 June. Below this will see room for deeper pullback to retrace strong gains from the April 2025 year low to support at 1.1930/00 area. Meanwhile, resistance at 1.2165 expected to cap and sustain losses from the 1.2285 May current year high.