Published: 2026-02-23T07:40:11.000Z
Chart AUD/NZD Update: Firm above 1.1800 support
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Settled back in range from the 1.1858 high as prices consolidate rally from the 1.1525, January/February lows
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2140 | * | Feb 2013 low | S1 | 1.1800 | * | congestion | |
| R3 | 1.2100 | * | Jun 2013 high | S2 | 1.1750 | * | congestion | |
| R2 | 1.2000 | ** | figure, congestion | S3 | 1.1700/80 | * | congestion, 17 Feb low | |
| R1 | 1.1900 | * | 50% 2011/2020 fall | S4 | 1.1635/00 | ** | Nov 2025 yr high, congestion |
Asterisk denotes strength of level
07:35 GMT - Settled back in range from the 1.1858 high as prices consolidate rally from the 1.1525, January/February lows. Bullish structure from the April 2025 year low keeps pressure on the upside and higher will see room to further retrace the 2011/2020 losses to target the 1.1900 level and 50% Fibonacci level. Higher still, will see room to the 1.2000 figure. Meanwhile, support is raised to 1.1800 level which should underpin. Would take break to ease the upside pressure and open up room for deeper pullback to support at 1.1700/1.1635 previous highs.