Published: 2026-05-15T13:33:13.000Z
Chart AUD/USD Update: Under pressure
1
Cautious trade has given way to anticipated selling interest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7500 | ** | historic congestion | S1 | 0.7100 | congestion | ||
| R3 | 0.7400 | ** | historic congestion | S2 | 0.7050 | * | congestion | |
| R2 | 0.7280~ | ** | June 2022 high | S3 | 0.7000 | * | congestion | |
| R1 | 0.7200 | ** | break level, 61.8% ret | S4 | 0.6900 | * | congestion |
Asterisk denotes strength of level
14:25 BST - Cautious trade has given way to anticipated selling interest, with the break below 0.7200 adding weight to sentiment. Prices have reached 0.7150, where flat oversold intraday studies are prompting short-term reactions. But daily readings are under pressure, highlighting room for continuation down to congestion support at 0.7100, where mixed weekly charts could prompt renewed consolidation. Meanwhile, a close back above 0.7200, if seen, would help to stabilise price action once again and give way to consolidation beneath strong resistance at the 0.7280~ high of June 2022.