Published: 2025-07-29T00:19:00.000Z
Chart AUD/USD Update: Extending pullback from .6625 high
Technical Analyst
3
Under pressure as prices extend pullback from from the .6625 high and see the .6500 level within reach
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6688 | * | Nov high | S1 | 0.6500 | * | congestion | |
| R3 | 0.6625 | ** | 24 Jul YTD high | S2 | 0.6500 | * | congestion | |
| R2 | 0.6600 | * | congestion | S3 | 0.6455/50 | ** | 17 Jul low, congestion | |
| R1 | 0.6550 | * | congestion | S4 | 0.6400 | ** | Feb high, congestion |
Asterisk denotes strength of level
00:10 GMT - Under pressure as prices extend pullback from from the .6625 high and see the .6500 level within reach. Oversold intraday studies suggest scope for reaction before giving way to fresh selling pressure as daily and weekly studies unwind overbought readings. Lower will turn focus to support at the .6455/50 congestion. Meanwhile, resistance is lowered to .6550 which is expected to cap and sustain losses from the .6625 high. A later clearance here will open up room to .6688 resistance and .6700, 76.4% Fibonacci level.