Published: 2025-12-19T08:06:37.000Z
Chart AUD/NZD Update: Higher in consolidation from 1.1420/00 support
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Turned up from test of support at the 1.1420/00 area with bounce setting up scope for retest of the 1.1500 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1660 | * | Sep 2013 high | S1 | 1.1420/00 | * | 17 Dec low, congestion | |
| R3 | 1.1600/35 | ** | congestion, 13 Nov YTD high | S2 | 1.1350 | * | congestion | |
| R2 | 1.1570 | * | 20 Nov high | S3 | 1.1300 | * | congestion | |
| R1 | 1.1500 | * | congestion | S4 | 1.1260 | * | 38.2% Apr/Nov rally |
Asterisk denotes strength of level
07:50 GMT - Turned up from test of support at the 1.1420/00 area with bounce setting up scope for retest of the 1.1500 congestion. Break here to clear the way for retest of the 1.1570 congestion with potential seen for extension to retest 1.1635, November YTD high. Lift over this will extend extend the gains from April current year low and see extension to September 2013 high at 1.1660 then 1.1750 congestion. Meanwhile, support at the 1.1420/00 area should underpin and sustain strong gains from the 1.0650, April current year low.