Published: 2026-01-22T00:20:32.000Z
Chart AUD/USD Update: Extending gains
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Extend bounce above .6660 support to reach fresh high .6778 before settling back in consolidation
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900 | * | congestion | S1 | 0.6700 | * | congestion | |
| R3 | 0.6850 | * | congestion | S2 | 0.6660 | ** | 31 Dec low | |
| R2 | 0.6800/25 | ** | congestion, Aug 2024 high | S3 | 0.6625/00 | ** | Jul 2025 high, congestion | |
| R1 | 0.6778 | * | 21 Jan YTD high | S4 | 0.6550 | * | congestion |
Asterisk denotes strength of level
00:10 GMT - Extend bounce above .6660 support to reach fresh high .6778 before settling back in consolidation. Positive daily and weekly studies keep pressure on the upside and suggest room to extend the broader gains from the April low. Nearby will see room for extension to target the .6800/25 resistance. Higher still, will see continuation to the .6850/.6900 area. Meanwhile, support is raised to the .6700 level which extend to the .6660 congestion. Would take break of the latter to fade the upside pressure and open up room for deeper pullback to retrace gains from the November low.