Published: 2026-01-12T00:23:52.000Z
Chart AUD/USD Update: Consolidating above .6660 support, room for lower later
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Higher in range above the Friday's .6664 low as prices consolidate losses from thr .6766 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6850 | * | congestion | S1 | 0.6660 | ** | 31 Dec low | |
| R3 | 0.680025 | * | congestion, Aug 2024 high | S2 | 0.6625/00 | ** | Jul 2025 high, congestion | |
| R2 | 0.6766 | ** | 7 Jan YTD high | S3 | 0.6550 | * | congestion | |
| R1 | 0.6700/27 | * | congestion, Dec high | S4 | 0.6500 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Higher in range above the Friday's .6664 low as prices consolidate losses from thr .6766 high and unwind oversold intraday studies. However, negative daily studies suggest room for deeper pullback to correct gains from the .6420, November low. Break of the .6660 will open up room for extension to strong support at .6625/.6600 area which is expected to underpin. Corrective pullback is expected to give way to renewed buying interet later with resistance starting at the .6700/27 area. Break here will expose the .6766 high to retest and see scope for break to extend the April gains.