Published: 2026-02-19T00:27:28.000Z
Chart AUD/USD Update: Leaning lower in consolidation
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Leaning lower in range below the .7100 level to threaten retest of the .7028 Tuesday's low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280 | * | Jun 2022 high | S1 | 0.7028 | * | 17 Feb low | |
| R3 | 0.7205 | * | 61.8% 2021/2025 fall | S2 | 0.7000 | * | congestion | |
| R2 | 0.7147 | ** | 12 Feb YTD high | S3 | 0.6900 | * | congestion, Feb low | |
| R1 | 0.7100 | * | congestion | S4 | 0.6870 | * | 38.2% Nov/Feb rally |
Asterisk denotes strength of level
00:15 GMT - Leaning lower in range below the .7100 level to threaten retest of the .7028 Tuesday's low. Break here will extend the pullback from the .7147 current year high and see room for deeper pullback to the .7000 level. Lower still will see room to further retrace the rally from the .6420 Novermber low to support at .6900/.6870, congestion and 38.2% Fibonacci level. Meanwhile, resistance at the .7100 level now expected to cap. Regaining this is needed to clear the way for retest of the .7147 high and further retrace losses from the 2021 year high.