Published: 2026-04-10T00:29:55.000Z
Chart AUD/USD Update: Just shy of .7100, scope for break
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Gains just shy of the .7100 level but pressure remains on the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7205 | * | 61.8% 2021/2025 fall | S1 | 0.7000 | * | figure, congestion | |
| R3 | 0.7187 | ** | 11 Mar YTD high | S2 | 0.6950 | * | congestion | |
| R2 | 0.7147 | * | Feb high | S3 | 0.6900 | ** | congestion | |
| R1 | 0.7100 | * | congestion | S4 | 0.6833 | ** | 30 Mar low |
Asterisk denotes strength of level
00:20 GMT - Gains just shy of the .7100 level but pressure remains on the upside and see scope for break here to open up room for retest of the February high at .7147. Beyond this will expose the .7187 March current year high to retest. Would expect reaction on retest here but a later break cannot be ruled out to extend the broader gains from the April 2025 year low. Meanwhile, support remains at the .7000 figure which should underpin and sustain gains from the .6833 March swing low.