Published: 2026-01-22T08:00:53.000Z
Chart AUD/NZD Update: Extending bounce from 1.1525 low
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Consolidation at the 1.1525 low has given way to rebound to regain the 1.1600 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1900 | * | 50% 2011/2020 fall | S1 | 1.1525 | * | 20 Jan low | |
| R3 | 1.1800/20 | * | congestion, May 2013 low | S2 | 1.1500 | * | congestion | |
| R2 | 1.1690/00 | ** | 7 Jan YTD high, congestion | S3 | 1.1445 | * | Nov high | |
| R1 | 1.1635 | ** | Nov 2025 year high | S4 | 1.1420/00 | ** | 17 Dec, Nov lows |
Asterisk denotes strength of level
07:55 GMT - Consolidation at the 1.1525 low has given way to rebound to regain the 1.1600 level as daily studies unwind oversold readings. Higher will see room to retest the 1.1635, 2025 year high. Bullish structure from the April low suggest scope for break here to expose the 1.1690, 7 January current year high to retest. Break here will see room to further retrace the 2011/2020 losses to the 1.1800/20 area. Meanwhile, 1.1525 low should underpin. Would take break to fade the upside pressure and see deeper correction of rally from the April low.