Published: 2026-10-20T13:21:36.000Z
Chart AUD/USD Update: Pushing higher
1
Anticipated minor gains have reached congestion resistance at 0.7000
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7140 | ** | 21 Sep (w) high | S1 | 0.6950 | * | break level | |
| R3 | 0.7100 | ** | congestion | S2 | 0.6900 | ** | congestion | |
| R2 | 0.7050 | * | congestion | S3 | 0.6865 | ** | 30 Jun (m) low | |
| R1 | 0.7000 | * | congestion | S4 | 0.6850 | ** | 50% ret of Nov-May rally |
Asterisk denotes strength of level
13:55 BST - Anticipated minor gains have reached congestion resistance at 0.7000, where flat overbought intraday studies are prompting fresh consolidation. Daily stochastics and the daily Tension Indicator continue to rise, suggesting room for a test above here. But mixed/negative weekly charts should limit scope in fresh consolidation beneath further congestion around 0.7050.
Meanwhile, support remains at 0.6950. But any immediate tests beneath here should give way to consolidation above congestion around 0.6900.