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.
19:03 UTC
Uptrend, pullback within trend · RSI 57 · price 0.70425
Higher highs since Q2 2025 low, consolidating below year high.
Uptrend regime intact since the April 2025 low near 0.5910; price sits well above a rising W1 EMA(50), the macro-trend filter, confirming structure. The rally topped at 0.7277 in Q2 2026, retraced to 0.6875 and has since recovered to 0.7040 — a consolidation inside the broader advance, helped by broad USD weakness after the -23K NFP shock. Prior high at 0.7277 and the 0.7147 shelf cap the range while 0.7000 psych holds underneath.
Support: 0.7000, 0.68749
Resistance: 0.7147, 0.72772
What it said to watch
- RBA rate decision + statement Tue 11 Aug could reset this read
- US CPI Wed 12 Aug is the decisive USD catalyst after NFP
- Weekly close above 0.7147 opens the path back to the 0.7277 year high
- Failure to hold 0.7000 psych exposes the 0.6875 swing low
19:03 UTC
Uptrend, momentum slowing · RSI 55 · price 0.70425
Higher highs since Apr-25 low, consolidating below 0.7277 high.
Macro uptrend intact since the Apr-25 low at 0.5913; price holds well above a rising W1 EMA(50), confirming the constructive regime. A pullback from the 0.7277 prior high found demand near 0.6875 and price has recovered toward the 0.7075 cap, aided by a softer USD after the shock -23K NFP print. RSI sits mid-range, so momentum is neutral rather than stretched at this scale.
Support: 0.7000, 0.68749
Resistance: 0.7075
What it said to watch
- Sustained W1 close above 0.7075 opens the path toward the 0.7277 prior high
- Failure to hold 0.7000 round number signals a deeper retrace toward 0.6875 swing low
- RBA decision Tue and US CPI Wed could materially shift this read