Published: 2025-11-13T00:21:11.000Z
Chart AUD/USD Update: Up to tag .6550 resistance
1
Edged up to tag the .6550 resistance as prices extend gains from the .6458 low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6707 | ** | 17 Sep YTD high | S1 | 0.6500 | * | congestion | |
| R3 | 0.6625/30 | ** | Jul, Oct highs | S2 | 0.6458 | * | 5 Nov low | |
| R2 | 0.6600 | * | congestion | S3 | 0.6440 | ** | Oct low | |
| R1 | 0.6550 | * | congestion | S4 | 0.6415/00 | ** | Aug low, congestion |
Asterisk denotes strength of level
00:10 GMT - Edged up to tag the .6550 resistance as prices extend gains from the .6458 low of last week. Consolidation below .6550 is expected to give way to renewed buying interest later with positive daily studies suggesting potential for break to open up room for extension to retest strong resistance at the .6600 level and .6625/30 highs. Meanwhile, support remains at the .6520/00 area which should underpin. Only below the .6500 level will threaten pullback to retest critical support at .6440/.6415, October/August lows.