Published: 2025-10-29T07:01:39.000Z
Chart AUD/NZD Update: Extending gains, 1.1445 high within reach
1
Rally through the 1.1400 level see prices extending gains from the 1.1300/1.1275 area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1350 | * | congestion | ||
| R3 | 1.1580 | * | Oct 2013 high | S2 | 1.1300 | ** | congestion | |
| R2 | 1.1490 | ** | Sep 2022 year high | S3 | 1.1275 | * | 17 Oct low | |
| R1 | 1.1445 | ** | 8 Oct YTD high | S4 | 1.1250 | * | congestion |
Asterisk denotes strength of level
07:00 GMT - Rally through the 1.1400 level see prices extending gains from the 1.1300/1.1275 area and see current year high at 1.1445 now within reach. While reaction here can be expected a later break cannot be ruled out to extend bullish gains from the April low. Break here will see room to target 1.1490, September 2022 year high. Clearance here will further extend gains from the March 2020 parity level. Meanwhile, support is raised to the 1.1350 congestion which should underpin and sustain bounce from the 1.1300/1.1275 lows.