AUDUSD has trended up since Monday's open, with Friday's shock -23K US NFP print driving the sharp breakout to a seven-week high at 0.70772. Since then price has consolidated in the upper 0.7060s, holding above EMA20 and EMA50 while RSI cycles around the mid-50s. The 0.7075 resistance has capped the advance and remains the pivot for continuation.
Support: 0.7055, 0.7045, 0.6996
Resistance: 0.70772, 0.7075
What it said to watch
RBA statement Tue 04:30 GMT could materially shift this read
Sustained close above 0.7075 opens the 0.7100 area
Failure to hold 0.7055 exposes the 0.7045 prior swing
23:02 UTC
Uptrend, consolidating near highs · RSI 58 · price 0.70647
Higher highs into range top after breakout.
AUDUSD extended its uptrend to a seven-week high near 0.7077 on Friday's NFP-driven USD selloff (-23K vs +80K), then settled into a tight consolidation around 0.7065 holding above EMA20 and EMA50. The 0.7075 area has capped the advance, with price coiling just beneath it through the thin weekend bars. RSI(14) sits mid-range, matching the pause after the impulse.
Support: 0.7055, 0.7040, 0.7022
Resistance: 0.7077, 0.7100
What it said to watch
RBA decision + statement Tue 04:30 GMT is the dominant near-term risk to this read
Sustained H1 close above 0.7075 opens the 0.7100 area
Failure to hold 0.7040 negates the consolidation and exposes 0.7022 swing low
US CPI Wed could reset USD direction driving this pair
AUDUSD extended its weekly climb to a seven-week high at 0.70772 on Friday's NFP miss (-23K vs +80K), which knocked the USD broadly lower before the pair settled into a tight consolidation just below the 0.7075 cap. Price holds above EMA(20) and EMA(50) with RSI cycling in the mid-50s; the last two bars are thin weekend prints and carry little structural weight. The 0.7075 resistance has capped the advance while 0.7055 has contained pullbacks.
Support: 0.7055, 0.7040, 0.7015
Resistance: 0.7075, 0.70772
What it said to watch
RBA rate decision Tue 04:30 GMT and Bullock presser could materially shift this read
US CPI Wed 12:30 GMT is the next USD-side catalyst
H1 close above 0.7075 opens the 0.7100 area
Loss of 0.7040 exposes the 0.7015 range floor
22:02 UTC
Uptrend, consolidating near highs · RSI 55 · price 0.70642
Higher highs into range at week high.
AUDUSD extended its July uptrend to a seven-week high near 0.7077 as Friday's soft US NFP print (-23K vs +80K) sank the dollar and drove the impulse leg. Price has since coiled in a tight 0.7055–0.7069 band, holding above EMA20 with RSI cycling in the mid-50s. The week high at 0.7075 remains the capping level, unbroken so far.
Support: 0.7057, 0.7042, 0.7027
Resistance: 0.70772, 0.7100
What it said to watch
Sustained close above 0.7075 opens the 0.7100 psych area
Loss of 0.7057 range floor exposes the 0.7042 prior swing
RBA decision Tue 04:30 GMT and US CPI Wed 12:30 GMT could reset this read
21:04 UTC
Uptrend, momentum steady · RSI 61 · price 0.70645
Higher lows into fresh week high.
AUDUSD extended this week's uptrend to a fresh high at 0.70772 on Friday's US payroll miss (-23K vs +80K), which knocked the dollar and broke the pair clear of the mid-week 0.7042 range. Price is consolidating just under 0.7075 while holding above EMA20 and EMA50, with RSI(14) cycling near 60. The 0.70557 area has capped pullbacks since the NFP spike.
Support: 0.70557, 0.7042, 0.70223
Resistance: 0.70772, 0.7075
What it said to watch
H1 close above 0.70772 opens the 0.7100 area
Loss of 0.70557 exposes the 0.7042 prior range
RBA rate decision + statement Tue could shift this read
Higher highs into 0.7075 cap, consolidating post-spike.
AUDUSD spiked off 0.7040 into 0.70772 on Friday's -23K NFP shock, then settled into a tight consolidation just under the 0.7075 cap through the weekend lull. Price holds clear above EMA(20) and EMA(50) with RSI(14) cycling mid-50s, and two attempts at the 0.7075 area have been capped so far.
Support: 0.70557, 0.7050, 0.70224
Resistance: 0.70772, 0.7075
What it said to watch
H1 close above 0.70772 opens the 0.7100 area
Loss of 0.70557 exposes the 0.70500 EMA20 zone
RBA decision Tue 04:30 GMT could materially shift this read