Published: 2026-09-25T00:24:22.000Z
Chart AUD/USD Update: Weighing on .7005/00 support
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Break of support at the .7100/.7080 congestion has seen extension to strong support at .7005/00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7140 | ** | 21 Sep high | S1 | 0.7005/00 | ** | 61.8%, congestion | |
| R3 | 0.7100 | * | congestion | S2 | 0.6950 | * | congestion, 76.4% | |
| R2 | 0.7080 | * | May low | S3 | 0.6922/00 | * | 29 Jul low, congestion | |
| R1 | 0.7045/50 | * | congestion | S4 | 0.6865 | ** | Jun low |
Asterisk denotes strength of level
00:20 GMT - Break of support at the .7100/.7080 congestion has seen extension to strong support at .7005/00 area. However, bearish momentum keep pressure firmly on the downside with negative daily and weekly studies suggesting scope for further losses to retrace the June/September rally. Break will see room for extension to the .6950, 76.4% Fibonacci level. Meanwhile, resistance is lowered to the .7045/50 Thursday's high and congestion area now expected to cap. Regaining this needed to ease the downside pressure and see room for stronger bounce towards the.7080/.7100 resistance.