AUD/USD AI Live Scan, 4-hour chart, Monday, 3 August 2026
Every read JAFX AI made on the AUD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Uptrend stalling, pulling back · RSI 45 · price 0.69991
Rejected at range top, back below 0.7000.
Price recovered from the early-month 0.6928 swing low and pushed to 0.70497 before supply capped it at the 0.7050 100-day SMA zone. The last few bars have rolled back under the 0.7000 psychological handle, dipping below EMA20 while EMA50 still sits beneath price. AUD remains hemmed in the 0.7000-0.7050 band flagged after the soft CPI miss pared August RBA hike bets.
Support: 0.7000, 0.6966, 0.6928
Resistance: 0.7050, 0.7044
What it said to watch
H4 close above 0.7050 opens the path back toward the range top
Loss of 0.6966 confirms a lower-low toward the 0.6928 swing low
AUD Trade Balance (Thu 06 Aug 01:30 UTC) could shift this read
Price extended the higher-low sequence off the 0.69219 swing low to tag 0.70497, where supply capped and the move rejected back toward the 0.7000 psych handle. The pair remains hemmed in the 0.7000-0.7050 band flagged in context after RBA hike bets faded on the soft CPI print, with the current pullback holding above the 0.69830 recent low. ATR is contained, consistent with range conditions rather than a fresh impulse.
Support: 0.7000, 0.6983, 0.69219
Resistance: 0.70497, 0.70441
What it said to watch
H4 close below 0.7000 psych exposes the 0.69830 recent low and the 0.69219 swing low
H4 close above 0.70497 swing high reopens the range-top break
AUD Trade Balance (Thu 01:30 UTC) could shift this range read
AUDUSD ground higher off the 0.6922 base through the back half of the window, tagging 0.70497 before rejecting at the 0.7050 100-day SMA cap — the leg is a broad USD-weakness story after soft US GDP rather than domestic rate support. The last four bars have rolled over toward 0.6998, unwinding roughly a third of the impulse while price still holds above EMA50. ATR near 20 pips shows steady, non-expanding conditions as the pullback develops.
Support: 0.69834, 0.69625, 0.69219
Resistance: 0.70497, 0.7050, 0.70441
What it said to watch
H4 close above 0.7050 needed to extend the rally beyond the 100-day sma cap
Failure to hold 0.69834 swing low exposes the 0.69625 prior low
ADP + ISM Services Wed and AUD Trade Balance Thu could shift this read
Higher highs since 0.6922 low, retracing from 0.7050 cap.
Higher-high structure intact since the 0.6922 low, but the rally stalled at the 0.7050 100-day SMA cap and price is now retracing, holding near the 38.2% fib around 0.7000. The move up was a USD-weakness story after slower US Q2 GDP rather than an RBA rate read, with soft Australian CPI already fading hike bets. Price sits just below a flattening EMA20 while the rising EMA50 near 0.6993 still underpins the pullback.
Support: 0.6970, 0.6930
Resistance: 0.7050, 0.7043
What it said to watch
H4 close above 0.7050 needed to extend the rally past the 100-day sma cap
Failure to hold the 0.6970 swing low opens the 0.6930 dip-buy zone
US ADP and ISM Services Wed could reset the USD leg driving this pair
13:03 UTC
Uptrend, momentum slowing near cap · RSI 53 · price 0.70077
Higher highs and higher lows, stalling below 0.7050.
Higher-low structure intact since the 0.6922 base late last month, with the rally faltering at the 0.7050 100-day SMA cap where 0.70497 print was rejected. The soft Q2 CPI (3.8% vs 4%) faded RBA hike bets while a firmer USD is capping upside, leaving price consolidating just above the 0.7000 psych level. ATR is holding a moderate regime, so the pullback off 0.7044 remains shallow relative to the broader advance.
Support: 0.7000, 0.6970, 0.69219
Resistance: 0.70497, 0.7050
What it said to watch
Daily close above 0.7050 100-day SMA would open more upside
Failure to hold 0.7000 psych exposes 0.6970 swing low
AUD Trade Balance Thu 01:30 UTC and US ISM could shift this read
13:03 UTC
Uptrend, momentum slowing near cap · RSI 54 · price 0.70077
Higher highs and higher lows, capped at 0.7050.
AUDUSD has climbed in a higher-low sequence off the 0.6922 range low, breaking above 0.7000 and printing a 7-week high before rejection at the 0.7050 100-day SMA. Soft Q2 CPI faded aggressive RBA hike bets, but a soft-USD backdrop has kept dips bought around 0.7000-0.7030. The last two bars have pulled back to 0.7008, pressing the EMA20 while holding well above the EMA50.
Support: 0.7000, 0.6970, 0.6928
Resistance: 0.7050, 0.7044
What it said to watch
H4 close above 0.7050 clears the 100-day SMA cap and opens more upside
Failure to hold 0.7000 breaks the higher-low structure
AUD Trade Balance (Thu 01:30 UTC) could shift the read on China-drag
Higher highs / higher lows, pulling back from 0.7050.
AUDUSD has carved higher highs and higher lows since the 0.6922 impulse low, clearing the 0.7000 big figure on the back of a broadly softer USD after the weak US Q2 GDP print. Price stalled at 0.7050 — the mid-June high zone — and is now retesting the 0.7000 breakout level, with ATR(14) around 21 pips keeping the swing orderly. EMA20 and EMA50 remain below price, aligning with the uptrend structure.
Support: 0.7000, 0.6969, 0.6922
Resistance: 0.7050, 0.7028
What it said to watch
H4 close back below 0.7000 puts the breakout retest at risk and reopens the 0.6969 swing low
A close above 0.7050 extends toward the mid-June highs
ISM Manufacturing today and Trade Balance Thu could shift this read
Higher highs and higher lows, pulling back from range top.
AUDUSD extended its rally through the 0.7000 big figure and printed a fresh swing high at 0.7050, the move fuelled by a broadly softer USD even as a soft Q2 CPI stripped out August RBA hike bets. Price is now retesting the breakout zone, pulling back toward 0.7016 with the EMA20 tracking just beneath. ATR is holding a steady expansion regime, consistent with the multi-day uptrend still intact.
Support: 0.7000, 0.6970
Resistance: 0.7050, 0.7044
What it said to watch
H4 close below 0.7000 big figure would break the higher-low sequence
Close above 0.7050 mid-june high opens continuation room
US ISM Manufacturing today 14:00 UTC and Trade Balance Thu could shift the read
05:03 UTC
Uptrend, momentum firm · RSI 63 · price 0.70286
Higher highs, higher lows since 0.6920 low.
AUDUSD holds a clean uptrend, printing higher lows off the 0.6920 base and clearing 0.7028-0.7045 to tag fresh mid-June highs near 0.7050 — a move the digest attributes to broad USD weakness post-Fed. ATR(14) expanded on the breakout leg and price is now consolidating just under the 0.7050 cap, holding above both EMA20 and EMA50. The 0.7000 big figure / 50-day EMA zone sits as the pivot beneath.
Support: 0.7000, 0.6950, 0.6920
Resistance: 0.7050
What it said to watch
H4 close above 0.7050 opens continuation of the uptrend
Loss of 0.7000 (50ema/psych) exposes the 0.6950 swing low
Australia Trade Balance Thu 01:30Z could shift this read given China-export sensitivity
05:03 UTC
Uptrend, momentum slowing near cap · RSI 61 · price 0.70286
Higher highs / higher lows since late-month low.
AUDUSD carved a clean higher-low sequence off the 0.6920 low and rallied through the 50-day EMA on broad USD weakness after soft US GDP, tagging the mid-June high near 0.7050. Price is now consolidating just below that 0.7045 cap, digesting the run with ATR still elevated. The dovish CPI print that killed the August RBA hike leaves the Aussie trading as a USD/China proxy.
Support: 0.7000, 0.6950, 0.6920
Resistance: 0.7045, 0.7050
What it said to watch
H4 close above 0.7050 opens continuation of the uptrend
Failure to hold the 0.7000 big figure signals a deeper pullback toward 0.6950
Australia Trade Balance Thu 06 Aug could shift the read given China-export sensitivity
Higher highs and higher lows, fresh multi-week high.
Clean higher-high, higher-low structure since the 0.6922 base, with price breaking above the 0.7035 mid-June high and printing a fresh multi-week peak at 0.7050. The move is USD-weakness led after the soft US GDP print and post-Fed dollar sell-off, rather than domestic Aussie strength. ATR(14) is expanding as the breakout extends, with 0.7000 now the reclaimed psychological pivot.
Support: 0.7000, 0.6970, 0.6922
Resistance: 0.7050, 0.7044
What it said to watch
H4 close back below 0.7000 opens a slide toward 0.6970 and the 0.6922 two-week low
US ISM Manufacturing today (14:00 UTC) could shift the USD-led read
Sustained hold above 0.7044 keeps the June-high breakout intact
Price cleared the 0.7035 mid-June high and pushed to fresh highs near 0.70495, the rally accelerating after the soft US GDP and dovish-Fed dollar selloff. Structure is a clean series of higher lows off the 0.6920 base with EMA20 and EMA50 stacked below price; ATR is expanding as the move extends. The 0.7000 big figure now sits as the reclaimed pivot underpinning the breakout.
Support: 0.7000, 0.6950, 0.6920
Resistance: 0.70495, 0.7035
What it said to watch
H4 close back below 0.7000 negates the June-high breakout, opening the 0.6950 area
ISM Manufacturing today could shift USD direction and cap or extend this leg
Sustained hold above 0.7035 keeps the higher-high structure intact