Published: 2025-10-09T07:28:48.000Z
Chart AUD/NZD Update: Consolidating gains to 1.1445, fresh year high
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Settled back in range as prices consolidate gains to fresh year high at 1.1445
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1660 | * | Sep 2013 high | S1 | 1.1350 | * | congestion | |
| R3 | 1.1580 | * | Oct 2013 high | S2 | 1.1310/00 | * | 6 Oct low, congestion | |
| R2 | 1.1490 | ** | Sep 2022 year high | S3 | 1.1250 | * | congestion | |
| R1 | 1.1450 | * | congestion | S4 | 1.1180 | ** | Nov 2024 year high |
Asterisk denotes strength of level
07:30 GMT - Settled back in range as prices consolidate gains to fresh year high at 1.1445. However, pressure remain on the upside and higher will see scope for retest of the 1.1490, 2022 year high. Would expect reaction at the latter to unwind overbought daily studies though a later break cannot be ruled out. Higher will further extend gains to the 1.1580/1.1660, October/September 2013 highs. Meanwhile, support is raised to the 1.1350 congestion and extending to the 1.1310/00 area which is expected to underpin and sustain bullish gains from April current year low.