Published: 2025-12-16T14:36:12.000Z
Chart AUD/USD Update: Cautious trade - daily studies under pressure
2
Little change, as prices extend consolidation beneath the 0.6685 weekly high of 10 December
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6800 | * | congestion | S1 | 0.6600 | ** | congestion | |
| R3 | 0.6705 | ** | 17 Sep YTD high | S2 | 0.6550 | * | congestion | |
| R2 | 0.6700 | ** | 76.4% ret of 2024-2025 fall | S3 | 0.6500 | * | congestion | |
| R1 | 0.6685 | * | 10 Dec (w) high | S4 | 0.6440 | ** | 14 Oct (m) low |
Asterisk denotes strength of level
14:35 GMT -Little change, as prices extend consolidation beneath the 0.6685 weekly high of 10 December. Daily stochastics are falling and the daily Tension Indicator is also turning down, highlighting room for fresh losses in the coming sessions towards congestion support at 0.6600. However, rising weekly charts should limit any initial tests in renewed consolidation. Following cautious/corrective trade, fresh gains are looked for. A break above critical resistance at the 0.6700 Fibonacci retracement and the 0.6705 current year high of 17 September will improve sentiment and open up a test of 0.6800.