Published: 2025-10-27T07:52:35.000Z
Chart EUR/AUD Update: Extending pullback from 1.8160 high
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Lower opening to break support at the 1.7800 congestion see prices extending pullback from the 1.8160 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.8160 | ** | Aug, 17 Oct highs | S1 | 1.7700 | * | congestion | |
| R3 | 1.8100 | * | Jul high | S2 | 1.7600/70 | ** | congestion, 9 Oct low | |
| R2 | 1.8000 | * | figure | S3 | 1.7500 | * | congestion | |
| R1 | 1.7900 | * | congestion | S4 | 1.7460/00 | * | Jun low, congestion |
Asterisk denotes strength of level
07:45 GMT - Lower opening to break support at the 1.7800 congestion see prices extending pullback from the 1.8160 high. Daily and weekly studies are tracking lower from overbought areas and lower will see room to the 1.7700 congestion. Break here will return focus to support at the 1.7600/1.7570 congestion and 9 October low. Below these will further retrace gains from the 1.7250, May low. Meanwhile, resistance is lowered to the 1.7900 congestion, now expected to cap and sustain losses from resistance at the 1.8100 and 1.8160 highs.