Published: 2025-12-15T14:52:39.000Z
Chart AUD/USD Update: Potential for a minor test lower
2
Still little change
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6600 | ** | congestion | |
| R3 | 0.6705 | ** | 17 Sep YTD high | S2 | 0.6550 | * | congestion | |
| R2 | 0.6700 | ** | 76.4% ret of 2024-2025 fall | S3 | 0.6500 | * | congestion | |
| R1 | 0.6685 | * | 10 Dec (w) high | S4 | 0.6440 | ** | 14 Oct (m) low |
Asterisk denotes strength of level
14:35 GMT -Still little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation beneath the 0.6685 weekly high of 10 December. Overbought daily stochastics are unwinding and the daily Tension Indicator is also turning down, highlighting room for fresh losses in the coming sessions towards congestion support at 0.6600. However, rising weekly charts should limit any initial tests in renewed consolidation. Following cautious/corrective trade, fresh gains are looked for. A break above critical resistance at the 0.6700 Fibonacci retracement and the 0.6705 current year high of 17 September will improve sentiment and open up a test of 0.6800.