Published: 2025-08-19T00:22:16.000Z
Chart AUD/USD Update: Weighing on .6500/.6482 support
Technical Analyst
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Little change, as prices extend consolidation at the .6500/.6482 support but pressure remains on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6688 | * | Nov high | S1 | 0.6500/82 | * | congestion, 12 Aug low | |
| R3 | 0.6625 | ** | 24 Jul YTD high | S2 | 0.6450 | * | congestion | |
| R2 | 0.6600 | ** | congestion, trendline | S3 | 0.6418/00 | ** | 1 Aug low, congestion | |
| R1 | 0.6550 | * | congestion | S4 | 0.6355 | ** | May low |
Asterisk denotes strength of level
00:10 GMT - Little change, as prices extend consolidation at the .6500/.6482 support but pressure remains on the downside following rejection from the .6570 high. Daily studies are tracking lower and see scope for break to open up room to support at the .6450 congestion. Below this will threaten retest of the .6418 low and extension to strong support at the lower channel at .6400/.6355 area. Meanwhile, resistance at the .6550/70 area expected to cap and keep pressure on the downside.