Published: 2026-08-18T13:36:40.000Z
Chart AUD/USD Update: Room for higher
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Little change, as mixed intraday studies keep near-term sentiment cautious
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7300 | ** | congestion | S1 | 0.7100 | ** | congestion | |
| R3 | 0.7277 | ** | 6 May YTD high | S2 | 0.7050 | * | congestion | |
| R2 | 0.7200 | ** | congestion | S3 | 0.7000 | * | congestion | |
| R1 | 0.7150 | * | congestion | S4 | 0.6950 | congestion |
Asterisk denotes strength of level
14:30 BST - Little change, as mixed intraday studies keep near-term sentiment cautious and extend cautious trade above congestion support at 0.7100. Daily readings continue to rise, highlighting room for a test of congestion around 0.7150. But already overbought stochastics could limit any initial tests in consolidation, before rising weekly charts prompt a break and open up a test of 0.7200.
Meanwhile, support remains at congestion around 0.7100. A close back beneath here will turn sentiment neutral once again and give way to consolidation above further congestion around 0.7050.