Published: 2025-10-14T14:36:11.000Z
Chart AUD/USD Update: Under pressure
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The anticipated break below 0.6500 has reached 0.6440
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6630 | * | recent highs | S1 | 0.6440 | current day low | ||
| R3 | 0.6600 | ** | congestion | S2 | 0.6400 | ** | congestion | |
| R2 | 0.6550 | * | congestion | S3 | 0.6350 | * | congestion | |
| R1 | 0.6500 | * | congestion | S4 | 0.6310 | ** | 50% ret of Apr-Sep rally |
Asterisk denotes strength of level
16:40 BST - The anticipated break below 0.6500 has reached 0.6440, where mixed intraday studies are prompting short-term reactions. Daily readings continue to deteriorate and broader weekly charts are under pressure, suggesting room for fresh losses in the coming sessions. A break below 0.6440 will add weight to sentiment and open up stronger support at congestion around 0.6400. Oversold daily stochastics could limit any initial tests in consolidation. Meanwhile, resistance is lowered to congestion around 0.6500. A break above here would help to stabilise price action and give way to consolidation beneath 0.6550.