Published: 2026-07-09T06:53:44.000Z
Chart AUD/NZD Update: Extending June losses
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Break of support at the 1.2150/30 congestion and low of last week see prices extending losses from the 1.2255 June high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2300 | * | congestion | S1 | 1.2100 | * | congestion | |
| R3 | 1.2285 | ** | 26 May YTD high | S2 | 1.2050 | ** | 10 Jun low | |
| R2 | 1.2255 | ** | 22 Jun high | S3 | 1.2000 | * | congestion | |
| R1 | 1.2200 | * | 8 Apr high, congestion | S4 | 1.1980 | ** | Jun low |
Asterisk denotes strength of level
06:50 GMT - Break of support at the 1.2150/30 congestion and low of last week see prices extending losses from the 1.2255 June high. Daily studies are pressure lower and see room for deeper pullback to retrace gains from the 1.1980 low. Lower will see room to the 1.2100 congestion and 1.2050, 10 June low. Below the latter will return focus to the 1.1980 low and see scope to extend losses from the May current year high. Meanwhile, resistance at the 1.2200 congestion is expected to cap and sustain losses from the 1.2255, June swing high.