Published: 2026-11-06T06:01:00.000Z
Chart AUD/NZD Update: Extending losses from 1.2600, October high
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Break of the 1.2400 kevek see prices extending losses from the 1.2600, 28 October current year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2682 | ** | Mar 2013 year high | S1 | 1.2340 | * | 38.2% Aug/Oct rally | |
| R3 | 1.2650 | * | congestion | S2 | 1.2315 | * | 1 Oct low | |
| R2 | 1.2600 | ** | 28 Oct YTD high | S3 | 1.2270 | ** | Oct low | |
| R1 | 1.2450/95 | * | congestion, 14 Oct high | S4 | 1.2250 | * | congestion |
Asterisk denotes strength of level
06:00 GMT - Break of the 1.2400 kevek see prices extending losses from the 1.2600, 28 October current year high. Daily and weekly studies are tracking lower from overbought areas and see room for deeper pullback to retrace gains from the 1.1915 August low towards 1.2340, 38.2% Fibonacci retracement. Below this will return focus to the 1.2315 and 1.2270 October lows. Meanwhile, resistance at is lowered to the 1.2450 congestion and extending to 1.2495 October high which is expected to cap and sustain losses from the 1.2600 high.