Published: 2025-11-07T00:16:11.000Z
Chart AUD/USD Update: Consolidating, but still heavy
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Remains in consolidation above the .6458 low with bounce attempt kept in check at the .6500/20 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6625 | ** | Jul high, congestion | S1 | 0.6458 | 5 Nov low | ||
| R3 | 0.6600 | * | congestion | S2 | 0.6440 | ** | 14 Oct low | |
| R2 | 0.6550 | * | congestion | S3 | 0.6415/00 | ** | Aug low, congestion | |
| R1 | 0.6520 | * | 26 Sep low | S4 | 0.6372 | * | Jun low |
Asterisk denotes strength of level
00:15 GMT - Remains in consolidation above the .6458 low with bounce attempt kept in check at the .6500/20 resistance. Higher should see resistance at .6550 congestion capping and giving way to renewed selling pressure later. Below the .6458 low will see room to retest support at .6440. Lower still, if seen, will turn focus to the critical .6415 August lows. Would need break above the .6550 resistance to fade the downside pressure and open up room for retest of the strong resistance at the .6600 level and .6625 highs