Published: 2025-09-15T07:19:14.000Z
Chart EUR/AUD Update: Consolidating at 1.7600, 61.8% Fibonacci level
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Break of the 1.7800 level has seen sharp losses to reach the 1.7600 congestion and 61.8% Fibonacci level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8000 | * | congestion | S1 | 1.7600 | * | congestion, 61.8% | |
| R3 | 1.7900/10 | * | congestion | S2 | 1.7500 | * | congestion | |
| R2 | 1.7800 | * | 4 Sep low | S3 | 1.7465 | * | 76.4% May/Aug rally | |
| R1 | 1.7700 | * | congestion, Jul low | S4 | 1.7400 | ** | congestion |
Asterisk denotes strength of level
07:15 GMT - Break of the 1.7800 level has seen sharp losses to reach the 1.7600 congestion and 61.8% Fibonacci level. Consolidation here see prices unwinding the oversold daily studies but this is expected to give way to further losses to extend pullback from the 1.8155, August high. Lower will see room to the 1.7500 level and 1.7465/1.7400 area. Meanwhile, resistance is lowered to the 1.7700 congestion level which is expected to cap and sustain losses from the 1.8100/1.8155, July/August highs.