Higher lows off mid-June base, capped below 0.6980.
AUDUSD has carved higher lows since basing near the 0.6865 june low, grinding back to 0.696 as the USD sits at three-week lows on de-escalation and softer FOMC minutes. Price is pressing the 0.6970 swing high with the 0.6980 range cap flagged as the repeated ceiling; ATR is moderate, neither compressed nor expanding hard. EMA20 and EMA50 both sit below price, aligning with the recovery leg.
Support: 0.6900, 0.68649
Resistance: 0.69692, 0.6980
What it said to watch
H4 close above 0.6980 unlocks upside continuation
Loss of 0.6900 pivot breaks the higher-low recovery structure
US CPI Tue could materially reprice the USD leg of this read
17:03 UTC
Recovering off the base, higher lows · RSI 60 · price 0.69585
Rounded base, coiling below 0.6960.
AUDUSD carved a rounded base near 0.6860 through late June and has ground higher on the RBA's hawkish tilt and a softer USD, printing higher lows and lifting price back above both EMA20 and EMA50 for a bullish EMA cross. Buyers stalled again into the 0.6969 swing high, with the 0.6980 prior cap the repeated failure point flagged by desks. ATR near 17 pips shows contained expansion as the pair coils just under resistance.
Support: 0.6900, 0.6860
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 prior cap opens the path higher
Loss of the 0.6900 pivot re-exposes 0.6860 support
US CPI Tue is the dominant USD catalyst and can reset this read
AUDUSD has ground higher off the mid-June low near 0.6865, printing a sequence of higher lows and coiling into the 0.6900–0.6980 band. Price sits above both EMA20 and EMA50 after their cross, with a softer USD following less-hawkish FOMC minutes underpinning the Aussie. The 0.6969 swing high and the 0.6980 coil top continue to cap advances.
Support: 0.6900, 0.6865
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 resolves the coil higher
Loss of 0.6900 range floor exposes the 0.6865 june low
US CPI Tue Jul 14 is the dominant catalyst for this pair
13:03 UTC
Recovery, higher lows within range · RSI 55 · price 0.69489
Coiling below 0.6980 cap.
Price bottomed at the mid-June swing low of 0.6884 and has since built a series of higher lows, now grinding up toward the 0.6969 recent high inside a 0.6900-0.6980 range. The recovery tracks a softer USD after less-hawkish FOMC minutes, but 0.6980 continues to cap. ATR is compressed, consistent with a coil awaiting a catalyst.
Support: 0.6900, 0.68837, 0.6860
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 range cap resolves the coil higher
Loss of 0.6900 range floor shifts focus to 0.6860 next floor
US CPI Jul 14 is the dominant catalyst that could break the range
AUDUSD has spent two weeks carving a rounded base after the early-month slide from 0.7040 into the 0.6864 swing low, and price is now grinding out higher lows inside the 0.6900-0.6950 box with EMA20 back above EMA50. The recovery has stalled just under the 0.6969 recent high, leaving 0.6980 as the capping level; softer USD after the split FOMC minutes has underpinned the bounce. ATR is subdued, consistent with coiling beneath resistance rather than an impulsive trend.
Support: 0.6900, 0.6864, 0.6835
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 confirms the box break higher and extends the July recovery
Loss of 0.6900 reopens the downside toward 0.6864 then 0.6835
US CPI Tue 12:30 GMT is the dominant two-sided catalyst for this read
Higher lows since early-July base, coiled below 0.6980.
AUDUSD has clawed back from the mid-June slide to the 0.6865 base, printing higher lows and now pressing the upper half of a 0.6900–0.6980 box on a broadly softer USD. Momentum is muted — the last leg stalled at 0.6969 and price sits back near 0.6944, with EMA20 and EMA50 flattening beneath. ATR is subdued, consistent with compression into next week's US CPI.
Support: 0.6900, 0.6865
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 range top extends the July recovery toward the next resistance leg
Loss of 0.6900 range floor confirms a lower low, next reference 0.6865 swing low
US CPI on Jul 14 is the dominant two-sided catalyst for this read
05:03 UTC
Recovering from lows, coiling · RSI 58 · price 0.69587
Higher lows off the 0.6835 base, range-bound.
AUDUSD clawed back from a three-month low near 0.6835 with a series of higher lows, and now trades in the 0.6900–0.6980 coil the macro digest describes as hawkish-RBA versus soft-USD cancelling out. Price sits above both EMA20 and EMA50 after this week's grind higher, but rallies keep stalling below the 0.6980 repeat-failure zone. ATR(14) around 17 pips shows contained, range-style volatility.
Support: 0.6900, 0.6860, 0.6835
Resistance: 0.6980
What it said to watch
H4 close above 0.6980 opens a range break higher
Failure to hold 0.6900 reopens the 0.6860 key support
US CPI Jul 14 12:30 UTC could materially shift this read
05:03 UTC
Recovery, higher lows building · RSI 61 · price 0.69587
Bottomed near 0.6865, grinding up toward range top.
Price carved a rounded base around 0.6865 after the multi-week slide from 0.7088 and has since printed higher lows, now pressing the upper edge of the 0.6900–0.6980 coil near 0.6959. The AUD clawback tracks hawkish RBA rhetoric against a softer USD post-FOMC minutes; EMA20 and EMA50 both sit below price, confirming the near-term recovery bias. 0.6969–0.6980 is the repeat failure zone that has capped every rally.
Support: 0.6900, 0.6865
Resistance: 0.6969, 0.6980
What it said to watch
H4 close above 0.6980 opens a range break higher
Failure to hold 0.6900 reopens the 0.6865 swing low
US CPI Jul 14 12:30 UTC could materially shift this read
The early-month slide from 0.7088 bottomed near the 0.6865 swing low, and price has since carved higher lows into a five-session rebound that stalled around 0.6960. It is now consolidating in a 0.6900-0.6950 range with ATR(14) near 13 pips reflecting compression, in line with the hawkish-Fed vs hawkish-RBA cross-currents pinning the pair. Price holds above EMA20 and EMA50, but the range cap has repeatedly rejected advances.
Support: 0.6900, 0.6865, 0.6835
Resistance: 0.6950, 0.6980
What it said to watch
H4 close above 0.6950 range cap opens the path to the 0.6980 key trigger
Failure to hold the 0.6900 pivot exposes the 0.6865 swing low then 0.6835
US CPI (Jul 14) could materially shift this USD-driven read
01:03 UTC
Recovery off base, now ranging · RSI 54 · price 0.69416
Higher lows into 0.6900-0.6960 range.
AUDUSD recovered from the 0.6865 base through late June and has since coiled inside a 0.6900-0.6960 range, repeatedly stalling near the 0.6960 two-week high. Cross-currents flagged in the macro read — hawkish Fed minutes versus hawkish RBA plus Iran risk — keep the pair pinned, and ATR(14) has compressed to around 17 pips as bars narrow. EMA20 sits just above EMA50 after the recovery leg, but price is hugging the mean with no directional resolution.
Support: 0.6900, 0.6865, 0.6835
Resistance: 0.6950, 0.6960, 0.6980
What it said to watch
H4 close above 0.6960 opens the path to the 0.6980 key trigger
Failure to hold the 0.6900 pivot exposes the 0.6865 swing low then 0.6835
US CPI Jul 14 12:30 UTC could materially shift this range read