Every read JAFX AI made on the AUD/USD weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:04 UTC
Uptrend from 2025 lows, correcting · RSI 47 · price 0.69017
Pullback from April 2026 high, holding above EMA50.
Uptrend from the Q2 2025 low near 0.5913 carried price to a 2026 high at 0.7277 in April, after which a multi-week correction has unwound to 0.6900. Price holds above a rising W1 EMA(50) — the macro uptrend structure is intact — but trades below EMA(20) after the pullback, and the recent bounce off 0.6865 is USD-led following the soft US NFP print. RSI sits mid-range, offering no extreme signal at this scale.
Support: 0.6865, 0.6707
Resistance: 0.7000, 0.7277
What it said to watch
- Weekly close below 0.6865 range low opens the 0.6707 longer target
- Reclaim of 0.7000 round number needed to re-challenge the 0.7277 high
- US ISM Services and FOMC minutes this week drive the USD leg
19:03 UTC
Uptrend, correcting · RSI 45 · price 0.69017
Pullback within larger uptrend.
Uptrend since the Q2 2025 low at 0.5913, rallying to a 0.7278 peak in early 2026 before correcting into the 0.690 area. The pullback found demand at 0.6865, with the latest bar a corrective, USD-led bounce off that level after the soft US NFP print dragged the dollar. Price holds above a rising W1 EMA(50) — macro structure intact — but sits below EMA(20) as the correction plays out.
Support: 0.6865, 0.6707
Resistance: 0.7000
What it said to watch
- Weekly close below 0.6865 range low opens 0.6707
- Reclaim of 0.7000 round number needed to re-engage the uptrend
- US ISM Services and FOMC minutes this week drive the USD leg