AUDUSD fell out of bed during the NY session as the May NFP beat (172K vs 85K f/c) fired the USD higher, slicing through the 0.7120 base that had held the week's range. Price has shed nearly 100 pips in a single impulse to a fresh week low at 0.70388, with RSI(14) deep into oversold near 18. Price sits well below EMA(20) and EMA(50), both rolling lower with the move.
Support: 0.70388, 0.7000
Resistance: 0.7060, 0.70805, 0.71026
What it said to watch
Sustained trade below 0.70388 opens the 0.7000 psych level
Reclaim of 0.70805 would neutralise the breakdown and signal bounce
US CPI next week is the next major USD catalyst for this read
AUDUSD held a tight 0.7130–0.7180 band since Monday's open, then broke down hard through 0.7120 in the NY session as the US NFP beat (172K vs 85K) fired the dollar bid. Price has carved consecutive lower lows to a fresh week low at 0.70415 with RSI(14) pinned in oversold territory. 0.7060 and the broken 0.7120 shelf now sit overhead as resistance.
Support: 0.70415, 0.7000
Resistance: 0.7060, 0.70814, 0.7120
What it said to watch
Loss of 0.70415 extends the lower-low sequence toward 0.7000
Reclaim of 0.7060 would be the first sign the breakdown is stalling
US CPI on Jun 10 is the next USD catalyst and could reshape this read
18:02 UTC
Downtrend, accelerating after breakdown · RSI 27 · price 0.70539
Range broken to the downside, fresh lows.
AUDUSD fell off a cliff into the NY session after a hot US NFP (172K vs 85K) re-armed the USD bid, breaking the 0.7120–0.7145 range that held most of the week. Price slammed through the 0.71026 breakdown level and 0.70816 prior low in one extended sequence, printing a session low at 0.70494 with RSI(14) deep in oversold and price well below both EMA20 and EMA50. The drop stalled into a tight 0.7050–0.7060 consolidation but no reclaim of broken structure yet.
Support: 0.70494, 0.7000
Resistance: 0.70816, 0.71026, 0.7120
What it said to watch
Sustained trade below 0.70816 broken low keeps the breakdown intact
Reclaim of the 0.71026 breakdown level would neutralise the drop
Break of 0.70494 session low opens the 0.7000 psych area
US CPI Jun 10 is the next major USD catalyst for this read
AUDUSD held a tight 0.7120–0.7150 range most of the week before the US NFP beat (172K vs 85K) drove a vertical NY-session break, slicing through the 0.7120 line in sand and prior support at 0.71026 in a single sequence. Price now sits at the session low near 0.70494 with RSI(14) deeply oversold and well below both EMAs. The breakdown leg remains unretraced, with the round 0.70000 the next reference below.
Support: 0.70494, 0.7000
Resistance: 0.71026, 0.7120
What it said to watch
Failure to hold 0.70494 session low opens 0.70000 round number
Reclaim of 0.71026 prior support needed to ease downside pressure
US CPI on Jun 10 is the next major USD catalyst for this read
AUDUSD broke below the week's 0.7120–0.7185 range after the 172K US payrolls beat (f/c 85K) fired a sharp USD bid, dropping in three impulsive hourly bars to a 0.7066 session low. Price now trades well below EMA20 and EMA50 with RSI(14) pressed into oversold territory after the slide. The pair had ranged sideways since Monday — the 0.7120 prior support has flipped into the first resistance overhead.
Support: 0.70661, 0.7050
Resistance: 0.71026, 0.7120, 0.71418
What it said to watch
Hourly close back above 0.7120 prior supp would repair the range break
Failure to hold the 0.7066 session low opens 0.7050 psych
US CPI on 10 Jun could extend or reverse this USD-driven move
Price spent most of the week pinned in a 0.7120-0.7180 range before a hot US NFP print (172K vs 85K forecast) drove a sharp NY-session break, dropping AUDUSD over 100 pips to fresh lows near 0.7080. RSI(14) is deeply oversold and price trades well below both EMA20 and EMA50 after the range break through 0.7120. The 0.7120 prior support now caps as resistance.
Support: 0.70797, 0.7070, 0.7095
Resistance: 0.7102, 0.7120, 0.7140
What it said to watch
An H1 close back above 0.7120 would invalidate the breakdown read
US CPI on Wed could materially shift this USD-driven move
Failure to hold 0.7070 rectangle base confirms continuation
AUDUSD coiled in a 0.7120–0.7185 range all week before the May NFP beat (172K vs 85K) firmed the dollar and drove a sharp break below the 0.7120 pivot into 0.7100. The move sliced through EMA20 and EMA50 on the last bar, and RSI(14) has dropped into oversold for the first time this week. Price now sits at the 0.7100 round number with the prior-range floor at 0.7120 flipping to resistance.
Support: 0.7095, 0.7070
Resistance: 0.7120, 0.7140
What it said to watch
H1 close back above 0.7120 broken pivot invalidates the breakdown read
Failure to hold 0.7095 confirms a lower low toward the 0.7070 range base
US CPI Wed is the next high-impact USD catalyst that could shift this read
AUDUSD spent the week grinding lower from the 0.7188 area after the soft Q1 GDP print, bottoming at 0.71055 before a steady recovery back to 0.714 into the NY session. RSI(14) carved a higher low against that price low, and the bounce has reclaimed both EMA(20) and EMA(50). The 0.7120 pivot held on the test, while the 0.7150–0.7165 band remains the cap on rebounds.
Support: 0.7120, 0.71055
Resistance: 0.71484, 0.7165, 0.71876
What it said to watch
US NFP at 12:30 GMT is the immediate swing factor and could materially shift this read
Break below 0.7120 reopens the 0.71055 week low
Close above the 0.7150–0.7165 supply band negates the downtrend read
Lower highs into 0.7105 low, corrective bounce underway.
AUD/USD spent the week grinding lower from the 0.7186 area after the Q1 GDP miss, sliding to a 0.7105 week low late Thursday before a corrective bounce into Friday's session lifted price back to 0.7141. The recovery has reclaimed EMA(20) but stalls just under EMA(50), with the 0.7146 fib 50% retracement and the 0.7150–0.7165 supply band capping the rebound. RSI(14) has cycled up off oversold as the down-leg paused, but structure remains a sequence of lower highs.
Support: 0.7120, 0.71055
Resistance: 0.7146, 0.7165
What it said to watch
US NFP today 12:30 GMT is the immediate swing factor and could break this read either way
A clean H1 close below 0.7120 reopens the 0.71055 week low and 0.7095
Reclaim and hold above the 0.7165 supply band would neutralise the lower-high sequence
AUDUSD spent the week grinding lower from 0.7188 to a 0.71055 base after the soft Q1 GDP print extended the sell-off and the USD firmed into NFP. The last few hours have reclaimed EMA(20) and pushed back to 0.7139, with RSI(14) lifting off oversold as price stalls into the EMA(50) near 0.7142. The 0.7150–0.7165 band still caps and 0.7120 remains the fragile pivot below.
Support: 0.7120, 0.71055, 0.7095
Resistance: 0.7142, 0.7150, 0.7165
What it said to watch
US NFP today (12:30 GMT) is the immediate swing factor and could materially shift this read
H1 close above the 0.7150–0.7165 band would neutralise the downtrend structure
Failure to hold 0.7120 reopens the 0.71055 week low and 0.7095 below
09:02 UTC
Downtrend, attempting to stabilise · RSI 47 · price 0.7130
Lower highs, lower lows since Monday open.
AUDUSD has trended lower all week from the 0.7188 high, with the GDP miss and a firm USD pinning price toward the 0.7120 psych support into NFP. Wednesday's NY session drove the bulk of the decline; a sweep of 0.71055 was bought back, leaving price recovering toward the EMA20 around 0.7137. RSI(14) is cycling near the midline at 47, consistent with a paused downtrend rather than a fresh leg.
Support: 0.7120, 0.71055
Resistance: 0.7137, 0.71484, 0.71876
What it said to watch
US May NFP in ~3.5h could materially shift this read
Hourly close above 0.71484 breaks the week's lower-high sequence
Loss of 0.71055 confirms continuation of the downtrend
AUDUSD has trended lower since Wednesday's GDP miss, carving a series of lower highs and pinning to the 0.7120 support shelf into US NFP. Price clipped a fresh week low at 0.7105 yesterday before buyers nudged it back above the EMA20; RSI(14) has held above the early-week trough despite the lower price, a mild bullish divergence. The EMA50 near 0.7160 continues to cap rallies, keeping the structure heavy.
Support: 0.7115, 0.71055, 0.7125
Resistance: 0.71475, 0.7160
What it said to watch
US May NFP at 12:30 GMT is the dominant near-term driver and can override this structure
An hourly close below 0.71150 confirms continuation toward 0.71055
Reclaim of 0.71600 (EMA50) would neutralise the downtrend read
AUDUSD has drifted lower since Monday's 0.7184 open, pressured by a soft Q1 GDP print despite Bullock's cautious-hawkish tone, and a firm dollar into NFP. Price trades below EMA20 and EMA50 near 0.7124, having swept the 0.7105 week low overnight before buyers stepped back in. RSI(14) sits in the low-40s, reflecting weak but stabilising momentum.
Support: 0.71055, 0.7100
Resistance: 0.7134, 0.71475
What it said to watch
US NFP today 12:30 GMT is the dominant near-term driver for this read
An H1 close back above 0.71475 would break the week's lower-high sequence
Loss of 0.71055 confirms continuation of the down-leg
AUD/USD has ground lower since Monday's open, sliding from the 0.7181 weekly open to a sweep of 0.71055 before stabilising in a tight 0.712–0.713 consolidation. Price is pinned below EMA(20) near 0.7132 with RSI(14) holding in the low-40s, reflecting the hawkish-RBA versus soft-GDP standoff and a firm USD into US NFP. The series of lower highs from 0.7188 caps the recovery attempts.
Support: 0.71055, 0.7100
Resistance: 0.7132, 0.71475, 0.71815
What it said to watch
US May NFP at 12:30 GMT is the immediate driver and could reset this read
H1 close below 0.71055 confirms a fresh lower low
Reclaim of EMA(20) near 0.7132 would neutralise the downside pressure
05:02 UTC
Downtrend, lower highs · RSI 43 · price 0.71271
Descending, near week low.
AUDUSD has carved a series of lower highs since midweek, sliding from the 0.71865 weekly open down to a fresh week low at 0.71055 in the early Friday Asian session as a firmer USD and risk-off tone weighed. Price trades below both EMA20 and EMA50 with RSI cycling in the low-40s, and the late bounce off 0.7105 has stalled near 0.7127. The 0.7120-0.7150 weekly range remains intact heading into US NFP.
Support: 0.71055, 0.71187
Resistance: 0.71475, 0.71865
What it said to watch
US May NFP at 12:30 GMT (~7.5h) is the immediate driver and could break the range
H1 close below 0.71055 confirms a lower-low and extends the downtrend
Reclaim of 0.71475 challenges the descending lower-highs structure
AUDUSD has trended lower since Monday's open, printing a sequence of lower highs and sliding toward 0.7120 in early Asia Friday on a cautious risk mood. Price tagged 0.71055 before recovering, leaving a minor sweep of the lows; it sits below both EMA(20) and EMA(50) with RSI(14) cycling in the low 40s. Soft Q1 GDP and a hawkish RBA left the Aussie rangebound, with the bias capped under the 0.7135 EMA(20).
Support: 0.71055, 0.7100
Resistance: 0.7135, 0.71484
What it said to watch
US May NFP at 12:30 GMT (~8.5h) could materially shift this read
H1 close below 0.71055 confirms a fresh lower low
Reclaim of 0.71350 EMA(20) would neutralise the downtrend read
AUDUSD has bled lower from Monday's 0.71798 open, printing a stair-step of lower highs into Friday's Asia session as soft Q1 GDP and a cautious risk mood offset hawkish RBA rhetoric. Price swept the week low to 0.71055 before recovering toward 0.71250; RSI(14) sits in the low 40s with price pinned beneath both EMA20 and EMA50. The week's decline keeps supply capping each bounce near the 0.71336 EMA20 zone.
Support: 0.71055, 0.71187
Resistance: 0.71336, 0.71475, 0.71798
What it said to watch
Hourly close below 0.71055 confirms a fresh lower-low
Reclaim of 0.71336 EMA20 would challenge the descending sequence
US NFP at 12:30 UTC today could materially shift this read
02:02 UTC
Downtrend, fresh lows · RSI 34 · price 0.71174
Lower highs, lower lows.
AUDUSD has trended lower since Monday's open near 0.7185, with the Q1 GDP miss driving the dominant selloff and price never reclaiming EMA(20) on any pullback this week. The late Asia drop through 0.7122 marked a fresh weekly low at 0.71055 with RSI(14) pressing toward oversold. Price sits below both EMA(20) and EMA(50), holding just above session support.
Support: 0.71055, 0.7127
Resistance: 0.71335, 0.71475, 0.71845
What it said to watch
Hourly close back above 0.71335 (EMA20) would neutralise the lower-high sequence
US NFP ~12:30 UTC today is the near-term external risk and could reset this read
Failure to hold 0.71055 confirms continuation lower
01:02 UTC
Downtrend, pinned at support · RSI 38 · price 0.71208
Lower highs into 0.7120 floor.
AUDUSD has trended lower since Monday's open, sliding from the 0.7185 area to fresh session lows at 0.7120 as the Q1 GDP miss and a firm USD weighed on the Aussie. Price is now pinned at the 0.7120 psych floor with RSI(14) near oversold; the descending sequence of lower highs has held below the EMA(20) all week. Bullock's hawkish testimony and the trade surplus produced only shallow bounces that supply capped near 0.7148.
Support: 0.7120, 0.71221
Resistance: 0.7135, 0.71475, 0.71764
What it said to watch
H1 close below 0.7120 confirms a lower low and opens 0.7100
Reclaim of 0.71350 EMA(20) would neutralise the downtrend read
US NFP ~12:30 UTC today is a cross-driver that could materially shift this read
Since Monday's open near 0.7185, AUDUSD has stair-stepped lower, the Q1 GDP miss driving the impulse leg to 0.7130. A recovery toward 0.7188 faded mid-week and price is now grinding back toward the 0.7120 psych floor, holding below both EMAs with RSI(14) stuck in the low 40s. Bullock's hawkish testimony and the trade surplus failed to spark a sustained bounce, leaving the Aussie pinned at range support.
Support: 0.7120, 0.71221
Resistance: 0.71484, 0.71834
What it said to watch
US NFP Friday 12:30 UTC is a cross-driver that could materially shift this read
H1 close below 0.7120 confirms a fresh lower-low
Reclaim of 0.7148 needed to break the lower-high sequence