Published: 2026-02-25T07:44:04.000Z
Chart EUR/AUD Update: Extending losses
1
Consolidation above the 1.6625 low of 12 February has given way to renewed selling to reach fresh low at the 1.6600/1.6575 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.7000 | * | figure, congestion | S1 | 1.6575 | * | 76.4% 2024/2025 rally | |
| R3 | 1.6900 | * | congestion | S2 | 1.6500 | * | congestion | |
| R2 | 1.6800 | * | congestion | S3 | 1.6400 | * | congestion | |
| R1 | 1.6760 | * | 3 Feb low | S4 | 1.6357 | ** | Feb 2025 year low |
Asterisk denotes strength of level
07:35 GMT - Consolidation above the 1.6625 low of 12 February has given way to renewed selling to reach fresh low at the 1.6600/1.6575 congestion and 76.4% Fibonacci level. Below this will further extend losses from the April 2025 year high and see room to the 1.6500/1.6400 congestion area. However, oversold daily and weekly studies caution corrective bounce with resistance lowered to the 1.6760/1.6800 area. Would need lift over this to ease the downside pressure and clear the way for stronger gains to retrace losses from the January high.