Published: 2026-04-30T07:07:49.000Z
Chart EUR/AUD Update: Higher in consolidation
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Turned up from the 1.6300/1.6290 congestion and Tuesday low to consolidate losses from the 1.6845 March high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6680 | ** | 13 Apr high | S1 | 1.6300 | * | congestion | |
| R3 | 1.6600/20 | * | congestion | S2 | 1.6200 | * | 18 Mar low | |
| R2 | 1.6500 | * | congestion, 8 Apr low | S3 | 1.6130 | ** | 11 Mar YTD low | |
| R1 | 1.6400/25 | * | congestion, 5 Mar low | S4 | 1.6100 | figure |
Asterisk denotes strength of level
07:00 GMT - Turned up from the 1.6300/1.6290 congestion and Tuesday low to consolidate losses from the 1.6845 March high. Bounce see resistance starting at the 1.6400/25 area and lift over this will open up room for stronger gains to 1.6500 level and 1.6600/20 congestion area which are expected to cap. Clearance will revive the upside focus and suggest scope to retest 1.6680 resistance and 1.6845 March high. Meanwhile, support at the 1.6300 congestion underpin. Would take break to expose the 1.6200 level and 1.6130 March current year low to retest.