Published: 2026-10-15T06:37:33.000Z
Chart AUD/NZD Update: Extending rejection from 1.2495 fresh year high
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Extending rejection from the Wednesday's 1.2495 fresh year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2600 | * | congestion | S1 | 1.2315 | * | 1 Oct low | |
| R3 | 1.2550 | * | congestion | S2 | 1.2285 | ** | May high | |
| R2 | 1.2495/00 | ** | 14 Oct YTD high, congestion | S3 | 1.2250 | * | congestion | |
| R1 | 1.2400 | * | congestion | S4 | 1.2200 | * | congestion |
Asterisk denotes strength of level
06:35 GMT - Extending rejection from the Wednesday's 1.2495 fresh year high and break of the 1.2400 opening up room for retest of the 1.2315 low of 1st October low. Daily studies have turned down from overbought areas and suggest scope for break of the latter to confirm a double top at the 1.2490/1.2495 highs. Lower will see room to strong supp[ort at 1.2285 May high. Break here will see deeper pullback to retrace gains from the 1.1915, August low. Meanwhile, resistance is lowered to the 1.2400 now expected to cap and sustain losses from the 1.2490/95, September/14 October highs.