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Published: 2025-09-02T00:24:18.000Z

Chart AUD/USD Update: Consolidating test of .6550 resistance

byPakLai Ng

Technical Analyst
-

Pressure stays on the upside but gains remains limited above the .6550 resistance

 LevelsImpComment  LevelsImpComment
R40.6625**24 Jul YTD high      S10.6500*congestion
R30.6600*congestion S20.6462*27 Aug low
R20.6570**Aug high S30.6415/00**21 Aug low, congestion
R10.6550*congestion S40.6355**May low, 38.2%

Asterisk denotes strength of level

00:15 GMT - Pressure stays on the upside but gains remains limited above the .6550 resistance. Consolidation here see prices unwinding the overbought intraday studies with daily chart stretching into overbought area as well. Would take break here and the .6570 Aug high to open up room for extension to retest the .6600 level and .6625, July current year high. Break of these will extend the April gains and see room to .6688/.6700. Meanwhile, support remains at the .6500 level which should limit any corrective pullback.

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Topics
AUD/USD-TA
DM-Technical
Technical Analysis

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