Published: 2026-01-21T00:26:52.000Z
Chart AUD/USD Update: Extending gains, room to retest .6766 high
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Extending gains as break of strong resistance at the .6700/27 area opens up room for retest of the .6766 current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900 | * | congestion | S1 | 0.6700 | * | congestion | |
| R3 | 0.6850 | * | congestion | S2 | 0.6660 | ** | 31 Dec low | |
| R2 | 0.6800/25 | * | congestion, Aug 2024 high | S3 | 0.6625/00 | ** | Jul 2025 high, congestion | |
| R1 | 0.6766 | ** | 7 Jan YTD high | S4 | 0.6550 | * | congestion |
Asterisk denotes strength of level
00:15 GMT - Extending gains as break of strong resistance at the .6700/27 area opens up room for retest of the .6766 current year high. Positive daily and weekly studies suggest scope for break here to extend the broader gains from the April low. Clearance will see room for extension to target the .6800/25 resistance. Meanwhile, support is raised to the .6700 level which extend to the .6660 congestion. Would take break here to fade the upside pressure and open up room for deeper pullback to retrace gains from the November low.