21:01 UTC
Uptrend, momentum extending · RSI 62 · price 0.72475
Higher highs and higher lows since early Jan, sequence intact.
Four-month uptrend off the early-January 0.6660 low, with price now testing the 0.7227–0.7277 zone — the highest area since the move began. The structure is a clean chain of higher highs and higher lows along a rising channel, and price is holding above both EMA20 and EMA50 with RSI in the low-60s, not yet overbought on D1. Last week's push through the prior 0.7222 high constitutes a breakout, with the 0.7153 swing low now the nearest structural pivot.
Support: 0.7153
Resistance: 0.7277, 0.7227, 0.7300
What it said to watch
- Daily close back below 0.7153 swing low breaks the recent higher-low sequence
- Sustained acceptance above 0.7277 recent high opens the 0.7300 round number
- Iran-US negotiation headlines remain a macro risk to risk-sensitive AUD