Published: 2025-10-21T00:17:41.000Z
Chart AUD/USD Update: Higher in consolidation from .6440 low
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Bounce from support at the .6440 low of last week see prices back to pressure the .6520 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6625 | ** | Jul high, congestion | S1 | 0.6470 | * | 10 Oct low | |
| R3 | 0.6600 | * | congestion | S2 | 0.6440 | * | 14 Oct low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6520 | * | 26 Sep low | S4 | 0.6350 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Bounce from support at the .6440 low of last week see prices back to pressure the .6520 resistance. Break here cannot be ruled out and higher will see room for extension to the .6550 congestion which is expected to cap and sustain losses from the strong resistance at the .6600/25 area. Meanwhile, support at the .6470/40 area now underpin and break here needed to open up room for deeper pullback to retrace the April/September rally. Lower will see extension to retest strong support at .6415/00, the August low and 38.2% Fibonacci level.