Published: 2025-10-17T07:33:59.000Z
Chart EUR/AUD Update: Retest 1.8157 August high, scope for break
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Break above the 1.8100 level has seen gains to tag the 1.8157, August high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8400 | * | congestion | S1 | 1.8000 | * | congestion | |
| R3 | 1.8290 | * | 4 Apr high | S2 | 1.7950 | * | Sep high, congestion | |
| R2 | 1.8200 | figure | S3 | 1.7800 | * | congestion | ||
| R1 | 1.8157 | ** | Aug high | S4 | 1.7700 | * | congestion |
Asterisk denotes strength of level
07:30 GMT - Break above the 1.8100 level has seen gains to tag the 1.8157, August high. Pause here see prices unwinding overbought intraday studies but further gains cannot be ruled out to extend bounce from the 1.7600 support. Break will see room for extension to the 1.8200/1.8290 congestion and 4 April high. Beyond this will turn focus to the 1.8400 congestion and 1.8555 April current year high. Meanwhile, support is raised to the 1.8000/1.7950 congestion and September high which should now underpin.