Higher highs and higher lows, consolidating below range high.
Higher-low structure has held since the late-July base near 0.6920, with price breaking to a two-month high at 0.7077 after the shock US NFP miss hammered the dollar. Since that pop the pair has consolidated tightly in the 0.7055-0.7077 band as USD safe-haven flows cap the advance. Price sits above both EMA20 and EMA50 with RSI in the low 60s — trend intact but stalling into the RBA decision.
Support: 0.7055, 0.7015, 0.7000
Resistance: 0.7077, 0.7100
What it said to watch
RBA rate decision Tue 04:30 UTC could materially shift this read
H4 close above 0.7077 opens the path toward the 0.7100 round number
Loss of 0.7055 exposes 0.7015 support and threatens the higher-low sequence
Higher highs and higher lows, coiling below range high.
AUDUSD has held a clean higher-low structure since the late-month base near 0.6922, extending to a two-month high at 0.70772 after the shock US NFP miss hammered the dollar. Price is now consolidating in a tight 0.7028-0.7077 band, and ATR(14) is easing as the impulse pauses ahead of event risk. EMA20 and EMA50 remain stacked beneath price, keeping the swing trend intact.
Support: 0.7028, 0.7000, 0.6922
Resistance: 0.70772, 0.7100
What it said to watch
Sustained H4 close above 0.70772 opens the path toward the 0.7100 round level
Loss of 0.7028 range low would threaten the higher-low sequence toward 0.7000
RBA decision Tue 04:30 UTC and US CPI Wed 12:30 UTC could materially reshape this read
01:03 UTC
Uptrend, momentum steady · RSI 59 · price 0.70631
Higher highs, higher lows since late-month low.
AUDUSD holds an intact higher-high/higher-low sequence, having broken clear of the 0.7050 shelf to tag a swing high at 0.70772 before consolidating near 0.7063. A softer USD post the -23K NFP shock and residual RBA-hike bets have kept the pair above both EMAs; ATR remains subdued, consistent with pre-event compression into Tuesday's RBA hold. Demand has repeatedly stepped in above 0.7000 (the 50-day EMA base) through the advance.
Support: 0.7028, 0.7000
Resistance: 0.70772, 0.7100
What it said to watch
RBA rate decision Tue 04:30 UTC + press conf is the near-term mover for this read
H4 close above 0.70772 swing high opens the path to 0.7100
Failure to hold 0.7000 ema50 base breaks the higher-low structure
Higher highs and higher lows, consolidating below swing high.
AUDUSD holds a clean higher-low structure since the late-month low near 0.6922, with price now consolidating just under the 0.70772 swing high after a seven-week high driven by a softer USD post the -23K NFP shock. EMA20 sits above EMA50 confirming the swing uptrend, but ATR is easing as price coils below resistance ahead of Tuesday's RBA hold. The 0.7050 prior high is acting as near support while 0.7075 caps.
Support: 0.7050, 0.7022, 0.7000
Resistance: 0.70772, 0.7100
What it said to watch
H4 close above 0.70772 opens the path to the 0.7100 psych level
Failure to hold 0.7050 exposes the 0.70220 swing low and 0.7000 round number
RBA decision Tue 04:30 UTC and US CPI Wed 12:30 UTC could materially shift this read