Published: 2026-06-10T00:23:28.000Z
Chart AUD/USD Update: Still heavy
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Still heavy, with losses edging towards support at the .7000 figure
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7200 | ** | congestion, 29 May high | S1 | 0.7000 | ** | congestion, 61.8% | |
| R3 | 0.7150 | * | congestion | S2 | 0.6950 | * | congestion | |
| R2 | 0.7100 | ** | congestion | S3 | 0.6900 | * | congestion | |
| R1 | 0.7080 | * | May low | S4 | 0.6850/33 | ** | congestion, Mar low |
Asterisk denotes strength of level
00:15 GMT - Still heavy, with losses edging towards support at the .7000 figure. The downside remains vulnerable and further losses cannot be ruled out within the bull channel from April 2025 year low. Lower will further retrace the March/May rally and see room to support at the .6950/00 congestion area. Meanwhile, resistance remains at the .7080/.7100 May low and congestion area. Would need to regain this to ease the downside pressure and revive upside focus for retest of resistance at the .7150 congestion and .7200 level.