Published: 2026-04-01T07:15:08.000Z
Chart AUD/NZD Update: Higher in consolidation
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Consolidation above the 1.1930 low has given way to bounce to regain the 1.2000 level to retest resistance at 1.2050
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2320 | ** | 2011 year low | S1 | 1.2000 | * | congestion | |
| R3 | 1.2200 | * | congestion | S2 | 1.1930/00 | * | 24 Mar low, congestion | |
| R2 | 1.2150 | ** | 17 Mar YTD high | S3 | 1.1830 | * | 2 Mar low | |
| R1 | 1.2050 | * | congestion | S4 | 1.1800 | * | congestion |
Asterisk denotes strength of level
07:10 GMT - Consolidation above the 1.1930 low has given way to bounce to regain the 1.2000 level to retest resistance at 1.2050 congestion. Break here will expose the 17 March current year high at 1.2150 to retest and further extend the underlying bull trend from the March 2020 year low. Higher will see room to the 1.2200 congestion and resistance at 1.2320. Meanwhile, support is raised to the 1.2000 figure which should sustain bounce from the 1.1930 low. Would take break here to open up room for deeper pullback to retrace gains from the January low.