Published: 2026-06-22T13:52:50.000Z
Chart AUD/USD Update: Extending pressure on support - studies falling
1
Still little change, as prices extend consolidation around congestion support at 0.7000
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7280 | ** | June 2022 (m) high | S1 | 0.7000 | * | congestion | |
| R3 | 0.7200 | ** | break level, 61.8% ret | S2 | 0.6900 | * | congestion | |
| R2 | 0.7100 | congestion | S3 | 0.6833 | ** | 30 Mar (m) low | ||
| R1 | 0.7050 | * | congestion | S4 | 0.6766 | ** | 7 Jan (w) high |
Asterisk denotes strength of level
14:25 BST - Still little change, as prices extend consolidation around congestion support at 0.7000. Daily readings are under pressure and broader weekly charts are negative, highlighting room for further losses in the coming sessions. A close below 0.7000 will turn sentiment negative and extend early-May losses towards further congestion around 0.6900. Meanwhile, resistance remains at congestion around 0.7050. A close above here would help to stabilise price action and give way to consolidation beneath further congestion around 0.7100.