Chart AUD/USD Update: Room for a minor test higher
Little change, as prices extend consolidation following the retest above resistance at the 0.6960 high of 7 July…
Chart AUD/USD Update: Extend consolidation
Little change, as prices extend consolidation within the .6900/.6950 range LevelsImpComment LevelsImpCommentR40.7050*congestion S10.6900*congestionR30.7000**congestion S20.6865**Jun lowR20.6980*11 Jun low S30.6833**Mar lowR10.6950*congestion S40.6800*congestion Asterisk denotes strength…
Chart AUD/USD Update: Range trade
Consolidation around congestion support at 0.7100 has given way to a bounce LevelsImpComment LevelsImpCommentR40.7500**historic congestion S10.7100 congestionR30.7400**historic congestion S20.7050*congestionR20.7280~**June 2022 high S30.7000*congestionR10.7200**break level,…
Chart AUD/USD Update: Consolidating – studies under pressure
Little change, as prices extend consolidation above congestion support at 0.7100 LevelsImpComment LevelsImpCommentR40.7500**historic congestion S10.7100 congestionR30.7400**historic congestion S20.7050*congestionR20.7280~**June 2022 high S30.7000*congestionR10.7200**break level, 61.8%…
Chart AUD/USD Update: Under pressure
Cautious trade has given way to anticipated losses LevelsImpComment LevelsImpCommentR40.7500**historic congestion S10.7100 congestionR30.7400**historic congestion S20.7050*congestionR20.7280~**June 2022 high S30.7000*congestionR10.7200**break level, 61.8% ret S40.6900*congestion Asterisk denotes…
Chart AUD/USD Update: Under pressure
Anticipated losses have tested below 0.7065 to reach 0.7045~ LevelsImpComment LevelsImpCommentR40.7280~**June 2022 high S10.7065*10-11 Feb lowsR30.7200**61.8% ret of 2021-2025 fall S20.7000*congestionR20.7147/55~**12…