Published: 2025-11-06T07:35:09.000Z
Chart EUR/AUD Update: Extend consolidation above 1.7600/1.7570 support
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Turned up in consolidation from the 1.7600/1.7570 September/October range lows as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8000 | * | figure | S1 | 1.7600 | * | congestion | |
| R3 | 1.7900 | * | congestion | S2 | 1.7570 | * | 9 Oct low | |
| R2 | 1.7800 | * | 23 Oct low, congestion | S3 | 1.7500 | * | congestion | |
| R1 | 1.7700 | * | congestion | S4 | 1.7460/00 | * | Jun low, congestion |
Asterisk denotes strength of level
07:30 GMT - Turned up in consolidation from the 1.7600/1.7570 September/October range lows as prices unwind oversold daily studies. However, shallow bounce keep pressure on the downside see risk for break here to confirm a double top at the August/October highs. Lower will see room for deeper pullback to retrace gains from the May low to support at the 1.7500/1.7460, congestion and June low, and the 1.7400 level. Meanwhile, resistance at the 1.7700/1.7800 congestion area expected to cap and sustain losses from 1.8160 high.