09:19 UTC
Uptrend, momentum slowing · RSI 55 · price 0.72475
Higher lows since Monday, capped near 0.7277.
AUDUSD has trended higher across the week from the 0.7150 base into a 0.7277 week high, with this-week price action now consolidating in a tight 0.7220–0.7250 range above EMA20. The Wednesday rejection at 0.7277 and follow-through dip into 0.7204 marked a clean lower-high attempt, but buyers stepped in at the swing low and reclaimed the intraday cap at 0.7250 area. RSI cycling near 55 reflects fading momentum without bearish divergence.
Support: 0.7220, 0.7204, 0.7182
Resistance: 0.7250, 0.7267, 0.7277
What it said to watch
- H1 close back above 0.7250 intraday cap reopens 0.7267 wed high
- Loss of 0.7220 swing low confirms a lower-low and shifts the read
- Sustained move under 0.7204 exposes the 0.7182 prior shelf