Published: 2025-11-05T06:58:51.000Z
Chart AUD/NZD Update: Consolidating test of 1.1490, September 2022 year high
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Limited on break of the 1.1490, September 2022 year high, as prices consolidate gains from the 1.1275 October low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1660 | * | Sep 2013 high | S1 | 1.1400 | * | congestion | |
| R3 | 1.1600 | congestion | S2 | 1.1350 | * | congestion | ||
| R2 | 1.1580 | * | Oct 2013 high | S3 | 1.1300 | ** | congestion | |
| R1 | 1.1490 | ** | Sep 2022 year high | S4 | 1.1275 | * | Oct low |
Asterisk denotes strength of level
06:50 GMT - Limited on break of the 1.1490, September 2022 year high, as prices consolidate gains from the 1.1275 October low. Consolidation here and the 1.1500 level see prices unwinding the overbought intraday and daily studies and highlight risk for corrective pullback to the 1.1445/1.1400 congestion. Break here will open up room for deeper pullback to the 1.1350/1.1300 congestion area. Would take break of the 1.1490 resistance and 1.1500 level to open up room for extension to the 1.1580/1.1600 area.