Published: 2026-09-10T00:30:20.000Z
Chart AUD/USD Update: Upside stays in focus, but stretched
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Upside stays in focus as prices edge higher with gains reaching towards the .7278, May high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7400 | * | congestion | S1 | 0.7200 | * | congestion | |
| R3 | 0.7350 | * | congestion | S2 | 0.7150 | * | congestion | |
| R2 | 0.7300 | * | congestion | S3 | 0.7121 | ** | 2 Sep low | |
| R1 | 0.7278 | ** | 6 May YTD high | S4 | 0.7100 | ** | congestion |
Asterisk denotes strength of level
00:20 GMT - Upside stays in focus as prices edge higher with gains reaching towards the .7278, May high. Positive daily and weekly studies keep pressure on the upside but overbought readings suggest reaction at the latter can be expected. A later break here will extend the bullish gains from the April 2025 low to further retrace losses from the 2021 year high. Meanwhile, support remains at the .7200 level. Would take pullback below the latter to ease the upside pressure and see room for deeper pullback to support at the .7150 congestion and .7121 low of last week.