Published: 2026-05-26T00:24:35.000Z
Chart AUD/USD Update: Firm within .7100/.7200 range
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Firm within the .7100/.7200 range but resistance at the .7185/.7200 area keeping gains in check
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7400 | ** | congestion | S1 | 0.7100 | ** | congestion | |
| R3 | 0.7300 | * | congestion | S2 | 0.7055 | * | 50% Mar/May rally | |
| R2 | 0.7278 | ** | 6 May YTD high | S3 | 0.7000 | ** | congestion, 61.8% | |
| R1 | 0.7200 | * | congestion | S4 | 0.6962 | * | 1 Apr high |
Asterisk denotes strength of level
00:10 GMT - Firm within the .7100/.7200 range but resistance at the .7185/.7200 area keeping gains in check. Would take break here to revive upside focus and see scope to retest the .7278 current year high of 6 May and extend the broader gains from the April 2025 year low towards the .7300/.7400 congestion area. Meanwhile, support at the .7100 expected to underpin. Would take break here to open up room for deeper pullback to retrace rally from the .6833 March low. Lower will see scope to support at the .7055 and .7000 Fibonacci levels.