Published: 2025-12-11T07:14:59.000Z
Chart EUR/AUD Update: Turned up in consolidation
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Turned up from the 1.1480 low as prices consolidate losses from the 1.7978, November swing high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.7978 | ** | 25 Nov high | S1 | 1.7480 | * | 9 Dec low | |
| R3 | 1.7900 | * | 7 Nov high, congestion | S2 | 1.7460 | * | Jun low | |
| R2 | 1.7800 | * | congestion | S3 | 1.7400 | * | congestion | |
| R1 | 1.7700 | * | congestion | S4 | 1.7250 | ** | May low |
Asterisk denotes strength of level
07:10 GMT - Turned up from the 1.1480 low as prices consolidate losses from the 1.7978, November swing high and unwind oversold daily studies. Bounce to regain the 1.7600 level see room for stronger bounce to resistance at the 1.7700/1.7800 area which is expected to cap and give way to renewed selling pressure later. Break of the 1.7480 low and 1.7460 support will extend the broader losses from the 1.8160 August/October double top and open up room for extension to the 1.7400 congestion. Below here will turn focus to the 1.7250, May low.