Published: 2025-11-04T00:24:53.000Z
Chart AUD/USD Update: Reached .6520/00 support
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Prices remain under pressure to extend rejection from the .6600/25 resistance last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6650 | * | congestion | S1 | 0.6520/00 | * | 26 Sep low, congestion | |
| R3 | 0.6625 | ** | Jul high, congestion | S2 | 0.6470 | * | 10 Oct low | |
| R2 | 0.6600 | * | congestion | S3 | 0.6440 | ** | 14 Oct low | |
| R1 | 0.6550 | * | congestion | S4 | 0.6415/00 | ** | Aug low, congestion |
Asterisk denotes strength of level
00:10 GMT - Prices remain under pressure to extend rejection from the .6600/25 resistance last week. Losses has reached support at the .6520/00 area which is expected to underpin. However, daily studies are still tracking lower and see risk for break here to see extension to the .6470 support and the critical .6440, October low. Corrective pullback is expected to give way to renewed buying interest later with resistance lowered to the .6550 congestion. Would need to regain this to open up room for retest of strong resistance at the .6600/25 area.