Published: 2026-08-27T06:34:39.000Z
Chart AUD/NZD Update: Focus on the 1.2100/30 resistance
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Sharply higher as prices extend bounce from the 1.1950 support to break above the 1.2050 resistance
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2200 | * | 8 Apr high, congestion | S1 | 1.2000 | * | congestion | |
| R3 | 1.2150 | * | Mar high, congestion | S2 | 1.1980 | * | Jun low | |
| R2 | 1.2130 | ** | 3 Jul low | S3 | 1.1950 | ** | congestion | |
| R1 | 1.2100 | * | congestion | S4 | 1.1915/00 | ** | 3 Aug low, congestion |
Asterisk denotes strength of level
06:30 GMT - Sharply higher as prices extend bounce from the 1.1950 support to break above the 1.2050 resistance. Focus now return to strong resistance at the 1.2100/30 congestion and low of 3 July. Positive daily and weekly studies suggest scope for break here to open up room for stronger gains to 1.2150 congestion then 1.2180/1.2200, May channel resistance and congestion area. Meanwhile, support is raised to the 1.2050 which should underpin. Would take break here to ease the upside pressure and see return to support at 1.2000/1.1980 area.