Published: 2026-11-04T14:36:47.000Z
Chart AUD/USD Update: Limited gains in choppy trade
1
Choppy trade has given way to a fresh test lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | congestion | S1 | 0.7000 | * | congestion | |
| R3 | 0.7140 | ** | 21 Sep (w) high | S2 | 0.6950 | * | break level | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6900 | ** | congestion | |
| R1 | 0.7050 | * | congestion | S4 | 0.6865 | ** | 30 Jun (m) low |
Asterisk denotes strength of level
14:10 GMT - Choppy trade has given way to a fresh test lower, with prices meeting buying interest just above congestion support at 0.7000. A minor test higher is possible, as intraday studies continue to rise. But negative daily readings should limit scope in fresh consolidation beneath congestion resistance at 0.7050.
Meanwhile, support is raised to congestion around 0.7000 and extends to 0.6950. This broad range should underpin any immediate setbacks.