Published: 2025-10-17T00:15:59.000Z
Chart AUD/USD Update: Leaning lower in consolidation
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Leaning lower in consolidation below the .6520 resistance to weigh on the .6470 support
| 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 - Leaning lower in consolidation below the .6520 resistance to weigh on the .6470 support. Would take break here to to open up room for retest of the .6440 low and see room for deeper pullback to retrace the April/September rally. Lower will see extension to retest strong support at .6415/00, the August low and 38.2% Fibonacci level. Meanwhile, resistance is at .6520 and this extend to the .6550 congestion which is expected to cap and sustain losses from the .6600/25 resistance.