Published: 2026-07-01T00:28:27.000Z
Chart AUD/USD Update: Outside range off the .6865 low
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Bounce from the .6865 low has seen gains to retest resistance at the .6900/27 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7000 | ** | congestion | S1 | 0.6865 | * | 30 Jun low | |
| R3 | 0.6980 | * | 11 Jun low | S2 | 0.6860 | * | 200-day MA | |
| R2 | 0.6950 | * | congestion | S3 | 0.6833 | ** | Mar low | |
| R1 | 0.6900/27 | * | congestion, 25 Jun high | S4 | 0.6755 | * | 38.2% 2025/2026 rally |
Asterisk denotes strength of level
00:15 GMT - Bounce from the .6865 low has seen gains to retest resistance at the .6900/27 area. The resulting outside range suggest recent losses from the mid-June high now being reversed and see scope for stronger recovery going forwards. Daily studies have turned up from oversold areas and higher will see room to resistance at .6950 congestion. Clearance will open up room to strong resistance at .6980/.7000 area. Meanwhile support at the .6865 low should underpin. Break here and the .6860 200-day MA will see scope for retest of the .6833 March low and lower.