Published: 2026-07-20T06:26:19.000Z
Chart AUD/NZD Update: Under pressure, 1.1930 low at risk
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Break of the June low at 1.1980 has seen losses to support at the 1.1930, late-March low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2130 | * | 3 Jul low | S1 | 1.1930 | * | 27 Mar low | |
| R3 | 1.2100 | congestion | S2 | 1.1900 | * | congestion | ||
| R2 | 1.2050 | * | 10 Jun low | S3 | 1.1860 | * | 4 Mar low | |
| R1 | 1.1980 | ** | Jun low | S4 | 1.1800 | ** | congestion |
Asterisk denotes strength of level
06:20 GMT - Break of the June low at 1.1980 has seen losses to support at the 1.1930, late-March low. Pause here see prices consolidating sharp losses from the 1.2255 June high. However, pressure remains firmly on the downside and break here will see room to further retrace strong gains from the April 2025 low to the 1.1900 level. Lower still, will see extension to support at the 1.1860/1.1800 area. Meanwhile, resistance is lowered to 1.1980/1.2000 June low and congestion area which is expected to cap corrective bounce.