Published: 2025-10-01T00:24:24.000Z
Chart AUD/USD Update: Consolidating test of .6600/25 resistance
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Extend gains from the .6520 low to reach strong resistance at the .6600/.6625, congestion and July high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750 | * | congestion | S1 | 0.6580 | * | congestion | |
| R3 | 0.6700/07 | ** | figure, 17 Sep YTD high | S2 | 0.6520 | ** | 26 Sep low | |
| R2 | 0.6660 | * | 18 Sep high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6625 | ** | Jul high | S4 | 0.6450 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Extend gains from the .6520 low to reach strong resistance at the .6600/.6625, congestion and July high. Consolidation here see prices unwinding overbought intraday studies but a later break cannot be ruled out. Clearance, if seen, will open up room for extension to the .6650/60 area. However, corrective gains are expected to give way to fresh selling pressure later. Meanwhile, support is raised to the .6580/50 congestion ahead of the .6520 low. Break here will extend losses from the .6707 current year high and open up room to the .6500/.6450 area.