Published: 2026-06-23T07:15:38.000Z
Chart EUR/AUD Update: Higher in consolidation
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Bounce above the 1.6300 level see prices back to retest resistance at 1.6400/25 congestion as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6680 | * | 13 Apr high | S1 | 1.6300 | * | congestion | |
| R3 | 1.6600/20 | * | congestion | S2 | 1.6200 | * | congestion | |
| R2 | 1.6500 | ** | congestion, 8 Apr low | S3 | 1.6130/10 | ** | Mar, 13 May YTD lows | |
| R1 | 1.6425 | * | congestion, 3 Mar low | S4 | 1.6000 | ** | figure, congestion |
Asterisk denotes strength of level
07:10 GMT - Bounce above the 1.6300 level see prices back to retest resistance at 1.6400/25 congestion as prices unwind oversold daily studies. Higher will see room to retest the 1.6500 resistance and extend gains from the 1.6110 current year low of 13 May. Positive weekly studies suggest scope for break here to open up room for extension to 1.6600/20 congestion area and 1.6680 resistance. Meanwhile, support at 1.6300 congestion should underpin. A later break will return focus to the downside for retest of 1.6200 congestion then the 1.6130/10 lows.