Published: 2026-01-14T00:22:04.000Z
Chart AUD/USD Update: Choppy in consolidation above .6660 support
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Choppy in consolidation around the .6700 level following bounce from above the .6660 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6850 | * | congestion | S1 | 0.6660 | ** | 31 Dec low | |
| R3 | 0.680025 | * | congestion, Aug 2024 high | S2 | 0.6625/00 | ** | Jul 2025 high, congestion | |
| R2 | 0.6766 | ** | 7 Jan YTD high | S3 | 0.6550 | * | congestion | |
| R1 | 0.6700/27 | * | congestion, Dec high | S4 | 0.6500 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Choppy in consolidation around the .6700 level following bounce from above the .6660 support. The resulting flag pattern and negative intraday and daily studies suggest scope for break of the .6660 support to trigger a top pattern at the .6766 high and see deeper pullback to retrace gains from the November low. Lower will see extension to strong support at .6625/.6600 area. Meanwhile, resistance at the .6700/27 area expected to cap. Break here, if seen, will revive the upside focus for retest of .6766 high and extend the April gains.