Published: 2026-06-22T00:24:02.000Z
Chart AUD/USD Update: Still heavy, weighing on .7000/.6980 support
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Little change, as prices extend consolidation at the .7000 figure but pressure remains on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | 29 May high, congestion | S1 | 0.7000 | * | congestion | |
| R3 | 0.7150 | * | congestion | S2 | 0.6980 | ** | 11 Jun low | |
| R2 | 0.7080/00 | ** | May low, congestion | S3 | 0.6950 | * | congestion | |
| R1 | 0.7050 | * | congestion | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Little change, as prices extend consolidation at the .7000 figure but pressure remains on the downside and threatens break and the .6980 low to extend losses from .7278 May current year high. Lower will see room for extension to .6950 congestion then the .6900 level. Below these, if seen, will turn focus to the .6833 May low. However, bullish structure from the April 2025 low suggest the latter keeping losses in check and giving way to renewed buying interest later with resistance starting at .7050 congestion then the .7080/.7100 area. Above the latter needed to revive upside focus.