Published: 2025-12-15T00:19:42.000Z
Chart AUD/USD Update: Range-bound in consolidation below .6685 high
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Little change, as prices settled back in range from the .6685 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6750/00 | * | congestion | S1 | 0.6625/00 | * | Jul high, congestion | |
| R3 | 0.6710 | * | 38.2% 2021/Apr fall | S2 | 0.6550 | * | congestion | |
| R2 | 0.6700/07 | ** | figure, 17 Sep YTD high | S3 | 0.6500 | * | congestion | |
| R1 | 0.6685 | * | 10 Dec high | S4 | 0.6440/15 | ** | Oct, Aug lows |
Asterisk denotes strength of level
00:10 GMT - Little change, as prices settled back in range from the .6685 high. Overbought daily studies suggest strong resistance at the .6707/10, current year high and 38.2% Fibonacci level likely to cap further gains for now. However, a later break will see room for extension to the .6750/.6800 congestion area from October 2024. Meanwhile, support remains at the .6625/00 area which should underpin and keep corrective pullback in check. Break here will delay bulls and see room for deeper corrective pullback to retrace gains from the November low to the .6550 support.