Published: 2026-03-30T07:35:01.000Z
Chart AUD/NZD Update: Leaning lower
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Leaning lower in consolidation to retest the 1.1935 low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2200 | * | congestion | S1 | 1.1910/00 | * | 38.2%, congestion | |
| R3 | 1.2150 | ** | 17 Mar YTD high | S2 | 1.1835/30 | * | 50%, 2 Mar low | |
| R2 | 1.2050 | * | congestion | S3 | 1.1800 | * | congestion | |
| R1 | 1.2000 | * | congestion | S4 | 1.1765 | * | 61.8% Jan/Mar rally |
Asterisk denotes strength of level
07:30 GMT - Leaning lower in consolidation to retest the 1.1935 low as prices unwind the overbought daily studies from the 1.2150 high. Lower will see room for deeper pullback to retrace gains from the January low to 1.1910, 38.2% Fibonacci level. Below this, will see room for extension to support at 1.1835 Fibonacci level and 1.1800 congestion. Meanwhile, resistance at the 1.2000 level and 1.2050 congestion area is expected to cap. Regaining these will ease the downside pressure and see room to retest the 1.2150, 17 March current year high.