Published: 2025-10-21T07:27:04.000Z
Chart EUR/AUD Update: Extending pullback from 1.8160 high
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Extending pullback from retest of the August high at 1.8160 as prices unwind overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8400 | * | congestion | S1 | 1.7800 | * | congestion | |
| R3 | 1.8290 | * | 4 Apr high | S2 | 1.7700 | * | congestion | |
| R2 | 1.8160 | ** | Aug, 17 Oct highs | S3 | 1.7600 | * | congestion | |
| R1 | 1.8000 | * | congestion | S4 | 1.7460/00 | * | Jun low, congestion |
Asterisk denotes strength of level
07:15 GMT - Extending pullback from retest of the August high at 1.8160 as prices unwind overbought intraday and daily studies. Pullback see nearby support at the 1.7800 congestion. Break below this will open up room for retest of support at the 1.7700/1.17600 congestion and 1.7570 low. Below these will see deeper pullback to retrace gains from the 1.7250, May low. Meanwhile, resistance is at 1.8000 level which should cap and sustain losses from resistance at the 1.8100 and 1.8160 highs.