Published: 2025-09-01T14:02:04.000Z
Chart AUD/USD Update: Limited tests higher
Senior Technical Strategist
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Little change, as mixed intraday studies keep near-term sentiment cautious
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6700 | ** | 76.4% ret of Sep-Apr fall | S1 | 0.6500 | * | congestion | |
| R3 | 0.6688 | ** | 7 Nov (m) high | S2 | 0.6450 | congestion | ||
| R2 | 0.6600 | ** | congestion | S3 | 0.6400 | * | break level | |
| R1 | 0.6550 | * | congestion | S4 | 0.6360 | ** | break level |
Asterisk denotes strength of level
14:50 BST - Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around congestion resistance at 0.6550. Daily readings are rising, suggesting room for continuation towards congestion around 0.6600. But already overbought daily stochastics and mixed weekly charts are expected to limit any initial tests in fresh consolidation. Meanwhile, support remains down to congestion around 0.6500 and should underpin any immediate setbacks.