Published: 2025-12-03T00:20:18.000Z
Chart AUD/USD Update: Extending gains, focus on .6600/25
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Bullish break of the .6550 resistance and September trendline see prices extending gains from the .6421, November low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6660 | * | 18 Sep high | S1 | 0.6500 | * | congestion | |
| R3 | 0.6625 | * | Jul high | S2 | 0.6440 | ** | Oct low | |
| R2 | 0.6600 | ** | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6580 | 13 Nov high | S4 | 0.6372 | Jun low |
Asterisk denotes strength of level
00:10 GMT - Bullish break of the .6550 resistance and September trendline see prices extending gains from the .6421, November low. Nearby see minor resistance at .6580 high of 13 November but focus turns to strong resistance zone at the .6600 level and extending to the .6625, July high. Would expect reaction at these levels though a later break will expose the .6707 September current year high to retest. Meanwhile, support remains at the .6520/.6500 area which is expected to underpin and sustain gains from the November low.