Published: 2025-10-23T00:20:09.000Z
Chart AUD/USD Update: Extend ranging action below .6520 resistance
1
Still little change, as prices extend consolidation below the .6520 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6625 | ** | Jul high, congestion | S1 | 0.6470 | * | 10 Oct low | |
| R3 | 0.6600 | * | congestion | S2 | 0.6440 | * | 14 Oct low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6520 | * | 26 Sep low | S4 | 0.6350 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Still little change, as prices extend consolidation below the .6520 resistance. While the latter caps scope is seen for retest of the .6470/.6440 support and where break will extend the broader losses from the .6707, September current year high. Lower will see room for deeper pullback to retrace the April/September rally to retest strong support at .6415/00, August low and 38.2% Fibonacci level. Meanwhile, resistance at .6520 is expected to cap. Break here will open up room for stronger bounce to resistance at the .6550 congestion.