Published: 2025-07-30T07:38:06.000Z
Chart AUD/NZD Update: Extend choppy trade at 1.0910/00 support
Technical Analyst
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Still little change, as prices extend choppy trade above the 1.0910/00 support and consolidate drop from the 1.0990
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1055 | * | 76.4% Nov/Apr fall | S1 | 1.0910/00 | * | Mar low, congestion | |
| R3 | 1.1030 | * | April high | S2 | 1.0850/40 | ** | congestion, Jun high | |
| R2 | 1.0990/00 | ** | 16 Jul high, congestion | S3 | 1.0800 | * | congestion | |
| R1 | 1.0950 | * | congestion | S4 | 1.0760/50 | * | 30 Jun low, congestion |
Asterisk denotes strength of level
07:30 GMT - Still little change, as prices extend choppy trade above the 1.0910/00 support and consolidate drop from the 1.0990 high. Negative daily studies have turned mixed but a later break lower cannot be ruled out. Below 1.0910/00 support will open up room for deeper correction to the strong support at 1.0850/40, congestion and June high. Meanwhile, resistance at the 1.0950 congestion is expected to cap. Clearance here will expose the 1.0990 high to retest and see room for stronger gains to retrace the November/April losses.