AUD/USD AI Live Scan, 4-hour chart, Tuesday, 3 November 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.
22:05 UTC
Downtrend, extending to new window lows · RSI 29 · price 0.69632
Lower highs from 0.7068; late-Oct range floor near 0.7013 lost, price pressing 0.6961.
The pair spent late October rotating between a range floor near 0.7013 and the 0.7068 range high, with lower highs forming off that peak. The range floor gave way after the RBA's dovish hike, and EMA20 has crossed below EMA50. Price is back at the 0.6961 2-week low with RSI near 29 and ATR(14) expanding to about 20 pips, a trend-extension profile rather than compression.
Support: 0.69614, 0.6900
Resistance: 0.7000, 0.70135
What it said to watch
H4 close below the 0.6961 2-week low extends the lower-low sequence toward the 0.6900 round number
Recovery above the 0.7000 psych and the 38.2% fib reclaims the first layer of the breakdown
Acceptance back above the 0.7013 range floor and the lower-highs trendline would undercut the range-break read
AU PMIs at 22:00 UTC and US midterm results overnight could materially shift this read; heavy AUD short positioning raises squeeze risk
18:03 UTC
Downtrend after range break, below both EMAs · RSI 32 · price 0.69776
0.7010-0.7067 range broken lower; lower highs since 0.7067.
AUDUSD held a two-week 0.7010-0.7067 range before rolling over below the range floor near 0.7000. The move followed the RBA's dovish 6-3 hike to 4.85% and softer metals, and printed a swing low at 0.6961. EMA20 has rolled below EMA50, and ATR(14) is expanding to around 19 pips. The rebound to 0.6997 stalled below the 38.2% fib of the 0.7067-0.6961 leg, and price is now sitting just above the oct low at 0.6970.
Support: 0.6970, 0.6961
Resistance: 0.7000, 0.7067
What it said to watch
Failure to hold the 0.6961 swing low confirms a lower-low and extends the post-RBA leg
H4 close back above the 0.7000 range floor and the 38.2% fib would neutralise the range-break read
Lower highs trendline from the 0.7067 range high caps rebounds while intact
US midterm results overnight, ADP and ISM Services on Wed could materially shift this read
AU Services/Composite PMI at 22:00 UTC is near-term event risk for the oct low
Range floor broken; lower highs off 0.7068 range high.
AUD/USD spent most of the window in a 0.7013–0.7068 range before rolling over. A series of lower highs off the 0.7068 range high gave way to a break of the range floor and 0.7000 psych, and the dovish RBA hike delivered a lower low at the 0.6961 swing low, below the 0.6970 window low. EMA20 has crossed under EMA50 with price below both, and ATR(14) near 19 pips points to modest expansion rather than compression, while the 0.7000 psych level lines up with the 38.2% fib of the 0.7068–0.6961 drop.
Support: 0.69614, 0.69704
Resistance: 0.7000, 0.7013
What it said to watch
H4 close back above 0.7000 psych and the 0.7013 range floor would recast the drop as a false break
A clean break of the 0.6961 swing low extends the lower-low sequence beyond the 0.6970 window low
A move back through the lower-high trendline toward the 0.7068 range high would negate the rollover read
AU Services/Composite PMI at 22:00 UTC and US midterm results after ~23:00 UTC could materially shift this read
US JOLTS at 15:00 UTC and later-week US jobs data are the USD-side risks to the structure
Range floor 0.7013 broken, lower highs and lower lows below 0.7000.
Since last week's 0.7068 prior high, price has printed lower highs. It held a 0.7013-0.7040 range for several sessions before breaking the range floor and the 0.7000 round number. The dovish 6-3 RBA hike removed the rate-support leg and drove the drop to a 0.69725 swing low. EMA20 has crossed below EMA50, and ATR(14) near 19 pips points to steady extension rather than a volatility spike.
Support: 0.69725, 0.6900
Resistance: 0.7000, 0.70135
What it said to watch
H4 close back above the 0.7000 round number and the 0.7013 range floor would mark the break as a false break
Failure to hold the 0.69725 swing low confirms another lower low and exposes the ~0.6900 multi-month trend line
US JOLTS today and midterm results Wed could shift the USD leg; heavy AUD shorts leave room for a squeeze toward the lower highs line
AU S&P Global PMIs at 22:00 UTC (Composite f/c 47.7) could add pressure on a miss
Two-week range floor near 0.7013 broken; trading below 0.7000.
Lower highs have stacked up since last week's 0.7068 prior high, and this week's bars broke the 0.7013 range floor that had held for roughly two weeks. Price is now below the 0.7000 psych level, with EMA20 rolling under EMA50. The RBA decision bar printed 0.6973, close to the 0.6970 window low, as the fully priced hike to 4.85% was sold. ATR(14) near 19 pips is expanding off the range compression, consistent with a range break rather than a drift.
Support: 0.6970, 0.6900
Resistance: 0.7000, 0.7013, 0.7068
What it said to watch
H4 close back above the 0.7013 range floor would turn the break into a false break and restore the range read
Failure to hold the 0.6970 window low leaves little structure until the 0.6900 round number
A reclaim of the 0.7000 psych level would test the lower-high trendline and the 50% fib near 0.7020
US JOLTS at 15:00 UTC and overnight midterm results could shift USD and materially change this read
AU services PMI at 22:00 GMT is the next AUD-side risk
Lower highs since 0.7068 false break; slipped below 0.7013 range floor.
Price held a 0.7013–0.7040 range for most of the window. The post-CPI push to 0.7068 failed to hold above the range top, and lower highs have formed since along the falling trendline. This week's close below the range floor took the pair under the 0.7000 psych handle to a 0.6988 swing low. The digest describes pre-RBA de-risking: AUD is underperforming even with DXY soft, and price sits below both EMAs with RSI in the mid-30s and ATR steady near 18 pips.
Support: 0.6988, 0.6970
Resistance: 0.7000, 0.7013, 0.7040
What it said to watch
RBA decision at 03:30 UTC and presser at 04:30 UTC could materially shift this read; near-peak or growth-worry guidance is the main downside risk
An H4 close back above 0.7013 (range floor) puts price back inside the prior range and weakens the range-break read
Failure to hold the 0.6988 swing low exposes the 0.6970 window low
A push through 0.7040 (range top) and the falling trendline would break the lower-high sequence
US midterms plus JOLTS at 15:00 UTC drive DXY later today