Published: 2026-01-22T14:49:02.000Z
Chart AUD/USD Update: Extending April 2025 gains to fresh 2026 year highs
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The anticipated continuation of April 2025 gains to 0.6800 has been seen
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7000 | ** | figure | S1 | 0.6700 | * | congestion | |
| R3 | 0.6942 | ** | September 2024 (y) high | S2 | 0.6650 | congestion | ||
| R2 | 0.6900 | * | break level | S3 | 0.6600 | ** | congestion | |
| R1 | 0.6800 | ** | break level | S4 | 0.6500 | ** | congestion |
Asterisk denotes strength of level
14:35 GMT - The anticipated continuation of April 2025 gains to 0.6800 has been seen, with prices currently extending beyond here to post fresh 2026 year highs around 0.6820. Daily readings continue to rise and broader weekly charts are positive, highlighting room for continuation towards 0.6900. However, already overbought weekly stochastics are expected to limit any immediate break beyond here in profit-taking/consolidation beneath critical resistance at the 0.6942 year high of September 2024. Meanwhile, support is at congestion around 0.6700 and should underpin any immediate setbacks.