AUDUSD bled to fresh two-month lows near 0.6979 mid-week on risk-off and hawkish-Fed USD, but a sharp recovery through the latest NY session lifted price back above 0.7050 — helped by soft US core PPI. The low printed against rising momentum, a bullish RSI divergence, and the rebound has reclaimed the descending lower-highs line. Price now sits below the 0.7060 cap, with the 0.7078 week high beyond.
Support: 0.7000, 0.69787
Resistance: 0.7060, 0.70778
What it said to watch
Repeated failure to close above 0.7060 keeps supply in control
Loss of 0.7000 psych reopens the 0.6979 swing low
RBA decision and statement tone is the key catalyst into next session
AUDUSD bled to fresh two-month lows near 0.6979 by midweek, then staged a sharp recovery through the NY session that reclaimed 0.7050 and broke the week's descending lower-highs. RSI(14) has cycled up through 60 on the impulse and price now sits back above EMA20 and EMA50 after a sustained run below them. The 0.7055/0.7060 area — context's strong resistance — is the immediate cap on this bounce.
Support: 0.7028, 0.7000, 0.69787
Resistance: 0.70546
What it said to watch
Hourly close above 0.7060 would confirm the recovery extending past week resistance
Failure to hold 0.7000 psych reopens the 0.6979 week low
RBA rate decision + statement Tue is the key catalyst; statement tone could shift this read
AUDUSD bled to fresh two-month lows near 0.6979 through the week on a hawkish-Fed USD bid and subdued risk appetite, before a soft US core PPI/CPI read sparked a sharp recovery in the latest NY session back above 0.7000 toward 0.7053. The bounce off a 0.6987–0.6979 base reclaimed both EMA20 and EMA50, with RSI(14) lifting back into the low-60s. The 0.7060 resistance that capped earlier this week is the immediate area to watch.
Support: 0.7000, 0.69787
Resistance: 0.7060
What it said to watch
Sustained close above 0.7060 opens the path back to 0.7077 week high
Failure to hold 0.7000 psych reopens the 0.6979 week low
RBA statement tone Tue is the catalyst that could shift this read
AUDUSD bled to a fresh two-month low near 0.6979 before a sharp NY-session recovery reclaimed 0.7050, helped by soft US core CPI/PPI taking some heat out of the dollar. The bounce off the 0.6987/0.6979 double-bottom area broke back above the prior lower-highs structure, with RSI(14) snapping up through 60. Price now sits below the 0.7060 resistance that has capped the week.
Support: 0.7000, 0.69787, 0.6975
Resistance: 0.7060, 0.70778
What it said to watch
Close above 0.7060 would extend the recovery toward the 0.7078 week high
Failure to hold 0.7000 reopens the 0.6979 swing low and 0.6975 below
RBA decision and statement tone Tue is the key catalyst for this read
AUDUSD bled to a fresh two-month low at 0.6979 by midweek before a sharp recovery in the latest session lifted it back above the 0.7000 psychological pivot to 0.7050, reclaiming both EMAs. The move came after a soft US monthly CPI print sapped some USD strength, with RSI(14) swinging up from near-oversold. The 0.7060 area capped price all week and is the immediate hurdle.
Support: 0.7000, 0.69787
Resistance: 0.7060, 0.70778
What it said to watch
H1 close above 0.7060 opens the path back toward the 0.7078 week high
Failure to hold 0.7000 reopens the 0.6979 week low
RBA rate decision and statement tone is the dominant catalyst that could reshape this read
The week traded a clear downtrend into fresh two-month lows near 0.6979 on risk-off flows and a firm USD, but the last few NY-session hours produced a sharp recovery back above the 0.7000 psych level toward 0.7050. RSI(14) lifted into the high 50s after a bullish divergence formed at the lows, and price has reclaimed both EMAs. The 0.7060 area, which capped earlier in the week, is the next resistance to watch for rejection or break.
Support: 0.7000, 0.69787
Resistance: 0.7060
What it said to watch
H1 close above 0.7060 invalidates the descending-highs cap
Failure to hold 0.7000 reopens the 0.6979 week low
RBA decision + statement Tue 16 Jun could materially shift this read
AUDUSD bled lower through the week to two-month lows near 0.6979 on broad USD strength and risk-off flow, before a sharp NY-session recovery reclaimed 0.7000 and lifted price to 0.7048, now pressing the 0.7050-0.7060 zone that capped rallies all week. RSI(14) has swung from oversold back toward 63 and price has pushed back above both EMAs for the first time in days. The 0.7060 cap remains the pivot for the recovery to extend.
Support: 0.7000, 0.6979
Resistance: 0.7060, 0.7077
What it said to watch
H1 close above 0.7060 rally cap opens the path back to 0.7077 week high
Failure to hold 0.7000 psych reopens 0.6979 week low
US data (Michigan sentiment) could shift the USD-driven tone
AUDUSD slid for a third session into the 0.69787 weekly low as risk-off and USD strength dominated, but the NY session staged a sharp recovery, reclaiming the 0.7000 psych pivot and probing 0.7050. Price now sits above EMA(20) and EMA(50) with RSI(14) lifting through 60, the bounce flagged by a higher RSI low against the price lows near 0.6980. The 0.7054 session high and the 0.7060 strong-resistance zone are the caps that have repeatedly held AUD rallies this week.
Support: 0.7000, 0.69787
Resistance: 0.7054, 0.7060
What it said to watch
RBA decision Tue 16 Jun is the dominant catalyst and could reshape this read
Sustained break above 0.7060 needed to extend the recovery
H1 close back below 0.7000 reopens the 0.69787 weekly low
Lower highs/lows, fresh week-low sweep then reclaim.
AUDUSD slid for a third session toward the 0.69787 week low and two-month lows sub-0.7000 on broad USD strength and risk-off, before a sharp NY-session rebound swept the lows and reclaimed the 0.7000 psych pivot, closing 0.7033 back above EMA20. RSI has lifted off the lows into the low-60s; the 0.7060 week cap held every rally earlier in the week. The recovery is a counter-move against the dominant lower-high, lower-low sequence.
Support: 0.7000, 0.69787
Resistance: 0.70368, 0.7060
What it said to watch
Failure to hold 0.7000 psych reopens the 0.69787 week low
Reaction into the 0.70368 swing high / 0.7060 week cap — area to watch for rejection or break
US Michigan sentiment Fri and RBA decision next week could materially shift this read
AUDUSD slid for a third session through the week, pressing a two-month low at 0.69787 as a firm USD and risk-off tone dominated. The last two bars staged a sharp recovery, reclaiming the 0.7000 psych pivot off a double-bottom base near 0.6979 and pushing RSI back above 60. Price now sits above EMA20 with the descending lower-highs line from Monday's 0.70778 high still framing the bounce.
Support: 0.7000, 0.69787
Resistance: 0.70368, 0.7060, 0.70778
What it said to watch
H1 close back below 0.7000 reopens the 0.69787 wk low
Sustained move through 0.70600 strong res needed to break the lower-highs structure
UoM Michigan sentiment Fri 14:00 UTC could shift the USD read
Lower lows into 0.6979, sharp recovery on last bar.
AUDUSD ground lower through the week to a two-month low at 0.6979 as a firm USD and risk-off flows kept the Aussie heavy, with rallies repeatedly capped near 0.7050. The final bar reversed hard off the lows, reclaiming the 0.7000 psych pivot in a single session and printing a bullish RSI divergence against the lower low. That reclaim leaves price back above EMA20 for the first time in a day, though the broader structure is still a sequence of lower highs.
Support: 0.7000, 0.69787
Resistance: 0.7050, 0.7060
What it said to watch
Hourly close back below 0.7000 reopens the 0.6979 week low
Sustained move above 0.7050 needed to challenge the 0.7060 strong res
UoM Michigan sentiment Fri 14:00 UTC could shift the USD read
Lower highs into sub-0.70 lows, sharp 0.7000 reclaim.
AUDUSD slid for three sessions from Monday's ~0.7078 high to a 0.69787 week low, pressured by a firmer USD and risk-off flows. The latest NY-session bar surged to reclaim the 0.7000 psychological pivot, pushing price back above EMA20 with RSI(14) recovering off the lows. The 0.7060 strong resistance has capped every rally this week.
Support: 0.7000, 0.69787, 0.6975
Resistance: 0.70334, 0.7060
What it said to watch
Sustained hold above 0.7000 psych needed to confirm the reclaim, repeated faded rallies show sellers defending
Rejection at 0.70334 session high or 0.7060 strong res would keep the lower-high sequence intact
Loss of 0.69787 week low opens the 0.6975 downside tgt
RBA rate decision Tue 04:30 UTC is the dominant near-term catalyst and could reshape this read
17:02 UTC
Downtrend, third session lower · RSI 41 · price 0.69878
Lower highs and lower lows, sub-0.7000.
AUDUSD has slid for a third session from Monday's 0.7055 area, breaking the 0.7000 psychological pivot and printing a fresh swing low at 0.6979, near two-month lows. The faded post-US-CPI bounce off 0.7036 and a hot US PPI print today have kept the dollar firm and capped every rally below 0.7000. Price holds under both EMA20 and EMA50 with RSI cycling in the low 40s.
Support: 0.6979, 0.6975
Resistance: 0.7000, 0.7036
What it said to watch
Sustained H1 close back above 0.7000 would neutralise the bearish break read
Failure to hold 0.6979 swing low opens the 0.6975 downside level
US Michigan Sentiment Fri 14:00 UTC could shift the USD-driven leg
17:02 UTC
Downtrend, momentum heavy · RSI 42 · price 0.69878
Lower highs, sub-0.7000 break.
AUDUSD has trended lower for a third session, slipping under the 0.7000 psych level into two-month lows near 0.69787 as USD strength and risk-off flows dominate. Price is pinned below EMA20 and EMA50 with every bounce since Wednesday's NY hours capped beneath the prior lower high at 0.70369. RSI(14) sits in the low-40s, reflecting sustained downside pressure without yet reaching oversold.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70369
What it said to watch
H1 close back above 0.7000 invalidates the sub-0.7000 breakdown read
Failure to hold 0.69787 opens the 0.6975 downside level
US Michigan sentiment Fri 14:00 UTC could shift the USD-driven read
Lower highs into fresh two-month lows, basing sub-0.7000.
AUDUSD has bled lower since Monday's open, sliding from the 0.7070 area to a fresh two-month low at 0.69787 as a firmer USD and risk-off tone weighed through the NY session. Price now consolidates just below the 0.7000 psychological pivot, capped under EMA20 and EMA50 with RSI(14) cycling in the low 40s. The 0.7000 handle has held back the latest bounce.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70115, 0.70285
What it said to watch
Hourly close back above 0.70000 would ease the immediate downside pressure
Loss of 0.69787 confirms a lower-low toward the 0.6975 target
RBA decision Tue 04:30 UTC is the week's dominant catalyst and could materially shift this read
AUDUSD has bled lower for a third straight day, sliding from the week's 0.7078 high toward fresh two-month lows as a firmer USD and risk-off tone weighed. Price printed a session low at 0.69787 during NY hours before a modest bounce back to 0.6995, but it remains pinned below EMA(20) with the 0.7000 psych level capping recoveries. RSI(14) sits in the low 40s, reflecting steady downside pressure without an extreme yet.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70097, 0.70369
What it said to watch
RBA decision Tue 04:30 UTC is the week's dominant catalyst and could reset this read
Break and hold below 0.69787 confirms continuation toward 0.6975
Hourly close back above 0.7000 negates the lower-high sequence
15:02 UTC
Downtrend, fresh lows · RSI 41 · price 0.69849
Lower highs, lower lows; sub-0.7000 acceptance.
AUDUSD has bled lower through the week, losing the 0.7000 handle during the NY session and printing a fresh two-month low at 0.69787 as a firm USD and risk-off tone kept the Aussie pinned. Price sits below EMA20 and EMA50 with RSI(14) cycling in the low 40s, and the soft US CPI bounce toward 0.7050 earlier in the week has fully faded. Sub-0.7000 acceptance keeps the structure of lower highs intact.
Support: 0.69787, 0.6970
Resistance: 0.7000, 0.70084, 0.70291
What it said to watch
Sustained reclaim of 0.7000 psych would neutralise the sub-0.7000 acceptance
Loss of 0.69787 week low confirms continuation lower
RBA decision Tue 04:30 GMT — guidance tone could materially shift this read
AUDUSD has bled lower through the week from Monday's 0.7078 high to a fresh two-month low at 0.69787, sustaining the break of the 0.7000 psychological pivot into the latest NY session. Price sits below both EMA20 and EMA50 with RSI(14) capped in the high-30s/40s on every bounce, and prior-day rallies stalled at the 0.7050 cap. The slide reflects fading RBA hike bets and a firm USD on sticky US CPI, with risk-off flows keeping the Aussie pinned.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.7050, 0.70778
What it said to watch
Sustained hold below 0.7000 keeps the downside read intact; reclaim back above it eases the structure
Failure at 0.6975 confirms continuation toward fresh lows
Michigan sentiment (Fri 14:00 UTC) could shift the USD side of this read
AUDUSD has bled lower all week from the 0.708 area, slipping below the 0.7000 psych pivot and printing a fresh two-month low near 0.69787 into the NY session. The drop tracks a firm USD after the hot 4.2% US CPI print plus a risk-off bid, with every bounce capped beneath 0.7000. Price sits below both EMA(20) and EMA(50) with RSI near 41, confirming the downside structure though momentum is not yet oversold.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70114, 0.70369
What it said to watch
RBA decision Tue 16 Jun 04:30 GMT is the key swing factor and could materially shift this read
Sustained reclaim of 0.70000 would soften the bearish structure
Failure to hold 0.69787 opens the path toward 0.6975
AUDUSD has bled lower through this week, losing the 0.70000 round number and printing a fresh two-month low at 0.69787 in the latest NY session as hot US CPI and a firm USD capped every bounce. Price sits below both EMA(20) and EMA(50) with RSI(14) hugging the low-40s; the soft US PPI today produced only a brief wobble. The 0.70263 swing high marks the most recent failed bounce, while 0.70000 now acts as overhead resistance.
AUDUSD has ground lower all week beneath a chain of lower highs, with the soft Aussie data drumbeat and faded RBA hike bets keeping the pair offered into 0.7000. Price slipped through the 0.7000 psychological pivot and is trading below both EMA20 and EMA50, printing a fresh session low at 0.69787 in the latest NY-hours bar. RSI(14) sits in the low 40s, tracking the down move without yet reaching oversold.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70369, 0.7050
What it said to watch
Hourly close back above 0.7000 would negate the sub-psych break
Failure to hold 0.69787 opens the 0.6975 downside marker
US Michigan sentiment tomorrow could shift the USD leg of this read
AUDUSD has trended lower all week from Monday's 0.7086 open, sliding through the 0.7000 psychological pivot as soft Aussie data and a firmer USD on sticky CPI weighed. Price printed a fresh low at 0.69787 in the latest NY session and sits pinned below EMA20 and EMA50 with RSI cycling in the low-40s, consistent with the dominant downside read. The 0.7000 level has now flipped to overhead resistance after repeated failures to hold.
Support: 0.69787, 0.6975
Resistance: 0.7000, 0.70369, 0.7050
What it said to watch
RBA decision Tue 16 Jun 04:30 UTC is the dominant catalyst and could materially shift this read
Failure to hold 0.69787 swing low opens the 0.6975 downside mark
H1 close back above 0.7000 psych pivot would neutralise the lower-low structure
Lower highs and lower lows, now consolidating below 0.7000.
AUDUSD has trended lower all week, the dominant leg down running through the NY session as soft Aussie data and fading RBA hike bets pinned the pair, dragging it from above 0.7050 to a fresh low at 0.6987. Price has since coiled in a tight band below the 0.7000 psych pivot, RSI(14) holding in the low 40s without recovering. EMA(20) sits just overhead and continues to cap recovery attempts.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050
What it said to watch
RBA decision Tue 16 Jun 04:30 UTC is the dominant catalyst and can reset this read
H1 close back above 0.7000 would challenge the lower-high sequence
Failure to hold 0.6987 swing low opens the path to the 0.6975 downside mark
AUDUSD has trended lower since Monday's open near 0.7102, printing a fresh two-month low at 0.6987 during NY hours as soft Aussie inflation expectations and dovish RBA repricing weighed. Price now stalls just under 0.7000 with RSI in the low-40s; the psych pivot is capping the latest recovery attempt while bars hold below EMA20.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050
What it said to watch
US PPI at 12:30 GMT could shift this USD-driven move within the next bar
Hourly close below 0.6975 confirms continuation of the lower-low sequence
Reclaim of 0.7050 cap would negate the downside read
RBA decision Tue 16 Jun is the dominant catalyst ahead
Lower highs and lows, now consolidating under 0.7000.
AUD has slid for four straight sessions to fresh two-month lows, weighed by waning RBA hike bets and a firm USD after the hot US CPI print. Price is pinned just under the 0.7000 handle, holding below EMA(20) and EMA(50) while rallies keep fading near 0.70115. The latest sessions have tightened into a flat consolidation above the 0.6987 swing low, with RSI(14) basing in the low-40s.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.70115, 0.7050
What it said to watch
US PPI in ~2h could shift USD and this read
Sustained break of 0.6987 opens 0.6975
An H1 reclaim of 0.7000 challenges the lower-high structure
RBA decision Tuesday is the week's dominant catalyst
AUDUSD has slid for four straight sessions from a faded spike near 0.7071 to fresh two-month lows, weighed by waning RBA hike bets and a firm USD after the hot US CPI print. Price is now coiling just under the 0.7000 psychological pivot, holding below EMA(20) and EMA(50) with RSI(14) basing in the low-40s as the downside drive stalls. Rallies into the 0.7050 zone have repeatedly faded this week.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050, 0.7071
What it said to watch
US PPI in ~2h (12:30 UTC) could materially shift this read
Hourly close back above 0.7000 reclaims the pivot and eases downside pressure
Sustained break of 0.6987 confirms a fresh lower-low and opens 0.6975
Lower highs and lower lows, stalling at the figure.
AUDUSD has slid for four straight sessions from the faded spike near 0.7141, trading below EMA20 and EMA50 throughout, with rallies repeatedly capping under 0.7050 and now under the 0.7000 figure after a softer US CPI print only briefly lifted the pair. Price is pinned at the week low around 0.6987 with RSI holding the low-40s — momentum is heavy but not yet oversold. The 0.7000 handle has flipped to resistance, defining the immediate structural pivot.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050, 0.7071
What it said to watch
Sustained close below 0.6987 confirms continuation toward the 0.6975 next target
Reclaim of 0.7000 and a push back to the 0.7050 cap would neutralise the lower-high sequence
US PPI today 12:30 UTC could shift USD and this read
RBA decision Tue 04:30 UTC is the week's dominant catalyst
AUDUSD has slid for four straight sessions from Monday's 0.7143 area down to the 0.7000 handle, trading below EMA20 and EMA50 throughout the move as waning RBA hike bets and a firm USD weigh. The pair carved a fresh swing low at 0.6987 before a shallow bounce, but the 0.7000 psych level is now capping and rallies keep fading. RSI(14) is sitting in the low-40s after basing, reflecting stalled rather than reversing downside momentum.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050, 0.7071
What it said to watch
Sustained close below 0.6975 confirms continuation of the lower-low sequence
An hourly close back above 0.7050 negates the downside read
US PPI today 12:30 UTC could shift USD and this read
AUDUSD has bled lower for a fourth straight session, sliding from 0.7143 toward the 0.7000 handle as the hot US CPI (4.2% YoY) cemented higher-for-longer Fed pricing and dovish RBA repricing weighed on the Aussie. Price sits below EMA20 and EMA50 with the 0.7000 psych level now capping recovery attempts, the last of which faded near 0.7011. Demand has so far held the 0.6987 swing low, leaving a tight consolidation just under the round number.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050
What it said to watch
H1 close back above 0.7000 challenges the lower-high sequence
US PPI at 12:30 UTC could shift the USD leg of the pair
Failure to hold 0.6987 opens the 0.6975 area
09:03 UTC
Downtrend, near two-month lows · RSI 43 · price 0.69925
Lower highs, lower lows; below 0.7000.
AUDUSD has bled lower for a fourth straight session and traded through the 0.7000 psychological pivot into the NY-to-Asia transition, with the higher-for-longer Fed read after the 4.2% US CPI keeping the dollar firm. Price sits below EMA20 and EMA50 with RSI(14) cycling in the low 40s, and rallies toward 0.7050 have been faded all week. Demand around the 0.6987 swing low is the immediate floor with 0.6975 flagged below.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7050
What it said to watch
RBA decision Jun 16 04:30 UTC is the dominant near-term catalyst
US PPI + claims today 12:30 UTC could shift the dollar read
Hourly close back above 0.7000 would negate the breakdown
Sustained break of 0.6987 opens the 0.6975 area
08:02 UTC
Downtrend, momentum easing near support · RSI 43 · price 0.70007
Lower highs into 0.7000, consolidating above week low.
AUDUSD trended lower all week, fading rallies that stalled ahead of 0.7050 as dovish RBA repricing met a USD bid from the hot US CPI print. Price is now pinned just above the 0.7000 round number after marking a week low at 0.6987, with RSI in the low-40s and price below both EMAs. Consolidation under the 0.7012 session high keeps the downside structure intact.
Support: 0.7000, 0.6987
Resistance: 0.7012, 0.7050
What it said to watch
Sustained H1 close below 0.7000 exposes the 0.6987 week low
Reclaim of the 0.7050 pivot needed to break the week's lower-high sequence
US PPI at 12:30 GMT could shift the USD leg of this read
AUDUSD has trended lower all week from Monday's 0.7140 area, printing successive lower highs and now pinned at the 0.7000 round number after hot US CPI kept the dollar bid. Price sits below EMA20 and EMA50, with rallies stalling near the 0.7050 pivot through the NY session. RSI(14) holding mid-40s as the slide flattens just above the 0.6990 swing low.
Support: 0.7000, 0.69898, 0.6975
Resistance: 0.7005, 0.7029, 0.7050
What it said to watch
RBA decision Tue 04:30 UTC is the dominant near-term catalyst and could materially shift this read
Sustained H1 close below 0.7000 exposes the 0.6975 area
Close above 0.7050 pivot would break the week's lower-high sequence
AUDUSD has trended lower all week from the 0.7143 high, sliding a fourth straight day after hot US CPI kept the USD bid and RBA hike pricing was unwound. Price is now pinned to the 0.7000 psychological floor, basing between 0.6987 and 0.7037 with RSI(14) recovering off mid-30s as selling momentum eases. The pair sits below both EMA20 and EMA50, with the broken descending lower-high line capping every bounce.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7037, 0.7065, 0.7105
What it said to watch
Sustained H1 close below 0.7000 opens the path to the 0.6975 next target
Reclaim of 0.7065 bounce cap would soften the week's downtrend read
RBA rate decision Jun 16 04:30 UTC is the dominant catalyst into this structure
AUDUSD has bled lower for a fourth straight day, sliding from the 0.7143 area to a 0.6987 week low after a hot US CPI print reinforced a firmer USD. Price is now grinding sideways just above the 0.7000 psych floor with RSI(14) mid-40s and both EMA20/EMA50 capping from above. The 0.7037 lower high marks the first resistance on any bounce.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.70369, 0.7065, 0.7105
What it said to watch
Sustained H1 close below 0.7000 psych floor opens the 0.6975 next downside level
Reclaim of the 0.7037 lower high would shift the consolidation read toward the 0.7065 cap
RBA rate decision Jun 16 is a material catalyst for this read
AUDUSD has trended lower for a fourth session toward the well-flagged 0.7000 floor after hot US CPI kept the USD firm near two-month highs. Price carved a marginal lower low at 0.69870 then recovered to flatten the EMA20, with RSI(14) holding above its prior low — a mild bullish divergence as downside momentum eases. The 0.7000 round number has absorbed repeated tests while lower highs near 0.7037 continue to cap rebounds.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7037
What it said to watch
Sustained H1 close below 0.7000 confirms downside, opening 0.6975
Reclaim of 0.7037 lower-high breaks the week's descending structure
RBA decision Jun 16 04:30 UTC is the next material catalyst for this read
06:02 UTC
Downtrend, basing near floor · RSI 45 · price 0.70045
Lower highs, lower lows into 0.7000.
AUDUSD has trended lower all week, sliding from 0.7143 toward the 0.7000 floor as hot US CPI kept the USD firm and RBA hike bets unwound. The last day has flattened into a tight 0.6987–0.7010 band, with price probing the psych floor repeatedly but closing back above it. RSI(14) is sitting mid-40s after basing, and price is hugging a declining EMA(20) below a lower EMA(50).
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7065, 0.7105
What it said to watch
Sustained H1 close below 0.7000 confirms the lower-low and opens 0.6975
Reclaim of 0.7065 would break the week's sequence of lower highs
RBA decision Jun 16 is the next major catalyst for this read
05:03 UTC
Downtrend, stalling at 0.7000 · RSI 45 · price 0.70066
Lower highs into 0.7000 base.
AUDUSD extended a fourth-day slide off Monday's 0.7143 area, with the dominant leg lower driven through the NY sessions as in-line US CPI (4.2% YoY) kept the dollar firm and NAB's RBA-cut call pressured the Aussie. The 0.7000 psych floor has absorbed repeated tests this week, printing a 0.6987 swing low before price stabilised back onto the EMA20. Lower highs into 0.7037 still cap; RSI(14) has flattened near 45 as the slide loses momentum.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7037, 0.7065
What it said to watch
H1 close below 0.6987 swing low confirms a lower-low toward the 0.6975 UOB target
Reclaim of 0.7037 prior high needed to break the lower-high sequence
RBA decision Jun 16 is the dominant catalyst for this read
AUDUSD extended a fourth straight day of losses, sliding from 0.7143 early in the window to probe 0.7000 as RBA rate-cut repricing and a firm USD on the in-line 4.2% CPI print dominated. Demand stepped in twice around 0.6987, dragging price back to the EMA20 with RSI(14) lifting off the mid-40s. Lower highs since Monday still cap, with the 0.7000 psych level repeatedly defended into the NY session.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7040, 0.7078, 0.7105
What it said to watch
Sustained H1 close below 0.7000 / 0.6987 opens 0.6975
Reclaim of 0.7040 EMA50 challenges the lower-high sequence
US PPI + jobless claims today 12:30 UTC could shift this read
RBA decision Jun 16 is the dominant AUD catalyst this stretch
AUDUSD has slid for a fourth straight session, grinding lower-highs into the 0.7000 psych floor as sticky US CPI keeps the dollar bid and NAB's RBA-cut call pressures the Aussie. Price probed 0.6987 before stabilising, and the small NY-hours bounce back toward 0.7002 has lifted RSring(14) off its lows without breaking the lower-high sequence. Price remains pinned below EMA20 and EMA50, with 0.7000 repeatedly defended.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7037
What it said to watch
Sustained H1 close below 0.6987 opens 0.6975
Reclaim of 0.7037 swing high breaks the lower-high sequence
RBA decision Jun 16 is the dominant catalyst for this read
Lower highs and lower lows, basing at psych floor.
AUDUSD extended a fourth straight day of losses, pressed to 0.6987 before stabilising at the 0.7000 psych floor as NAB's flip to RBA cut calls met hawkish-Fed USD strength after the in-line 4.2% US CPI. Price sits below EMA20 and EMA50 with the week's lower-high sequence intact, but the marginal new low against a firmer RSI flags slowing downside momentum. The 0.7000 level has been repeatedly defended this week.
Support: 0.7000, 0.6987
Resistance: 0.7029, 0.70369
What it said to watch
Sustained H1 close below 0.7000 opens the path to 0.6975
Reclaim of 0.70290 would break the week's lower-high chain
US PPI + jobless claims (12:30 UTC) and RBA decision Jun 16 are the dominant catalysts
03:02 UTC
Downtrend, basing at lows · RSI 44 · price 0.70035
AUDUSD has bled lower all week, sliding from 0.7140 Monday to a 0.6987 low as dovish RBA repricing met a firm USD into the FOMC cycle. Price is now basing just above the 0.7000 psychological floor, where buyers stepped in twice, with a modest bounce to 0.7007 stalling under EMA20 near 0.7012. RSI(14) holds in the low 40s, reflecting faded downside momentum rather than a turn.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7012, 0.7040, 0.7070
What it said to watch
H1 close below 0.7000 confirms a lower low, opening 0.6975
Reclaim of 0.7040 pivot would challenge the lower-high structure
RBA rate decision Jun 16 is the dominant catalyst for this read
AUDUSD has graded lower all week, sliding from 0.7143 to the 0.7000 psychological floor as RBA hike bets unwound and a firm USD held bid. Price sits below EMA(20) and EMA(50) with sellers controlling each NY-session leg down, but the 0.6987 low has held twice and RSI is carving a shallow higher low against price — an early loss of downside momentum. The 0.7040 pivot caps any relief; 0.7000 remains the line in the sand.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7040, 0.7065, 0.7105
What it said to watch
Sustained H1 close below 0.7000 confirms a lower-low, opening 0.6975
Reclaim of 0.7040 pivot would neutralise the descending lower-highs
RBA decision Jun 16 04:30 UTC is the dominant catalyst for this read
AUDUSD has trended lower since Monday's session, sliding from the 0.7143 high to a six-week low at 0.6987 as USD held near two-month highs and the RBA hike premium was unwound ahead of Jun 16. Price is now basing just above the 0.7000 psych handle with RSI(14) lifting off the low 40s, but each rebound has stalled under EMA20. Lower highs and the 0.7040 prior support, now resistance, have capped attempts all week.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7040, 0.7069, 0.7105
What it said to watch
H1 close above 0.7040 breaks the lower-high structure
Loss of 0.6987 confirms a lower low and exposes 0.6975
US PPI today 12:30 UTC could shift the USD-driven read
RBA decision Jun 16 is the marquee risk for this pair
AUDUSD has trended lower since Monday's open, sliding from 0.7140 to press the 0.7000 psychological handle as USD held firm on sticky CPI and AUD stayed weighed by unwound RBA hike bets. Price sits below EMA20 and EMA50, with NY-session bounces capped along a descending lower-highs line. A fresh six-week low at 0.6987 saw demand step in and RSI lift off its lows as price recovered toward 0.7007 — a mild bullish divergence against the lower low.
Support: 0.7000, 0.6987, 0.6975
Resistance: 0.7013, 0.7040, 0.7065
What it said to watch
Sustained break of 0.7000 psych exposes 0.6975 downside
H1 close back above 0.7040 supply would challenge the downtrend
RBA decision Jun 16 is the marquee risk for this read
01:02 UTC
Downtrend, near lows · RSI 42 · price 0.69978
Lower highs, lower lows; testing 0.7000.
AUDUSD has trended lower all week, sliding from 0.7143 to two-month lows as RBA hike bets unwound and a firm USD pressed the Aussie. Price broke the 0.7000 psych pivot in the NY session and is now pinned to the figure, holding below EMA(20) and EMA(50) throughout. RSI(14) sits in the low 40s with price grinding at the lows rather than rebounding.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7032, 0.7071
What it said to watch
Sustained H1 close below 0.6987 confirms a fresh lower-low and opens 0.6975
Reclaim of 0.7000 on a close would relieve the breakdown read toward 0.7032
RBA decision Jun 16 04:30 UTC is the main risk to this structure
01:02 UTC
Downtrend, pressing lows · RSI 38 · price 0.69978
Lower highs, lower lows into 0.70.
AUDUSD has trended lower all week, sliding from Monday's 0.7143 toward the 0.7000 pivot as RBA hike bets faded and the USD stayed bid on Middle East risk aversion. Price closed under 0.7000 into the recent session, printing a fresh week low at 0.6987 with price holding below EMA20 and EMA50 throughout. RSI(14) sits in the high-30s, tracking the persistent supply that has capped every pullback near 0.7032.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7032, 0.7071
What it said to watch
Sustained H1 close below 0.6987 opens the path toward 0.6975
Reclaim of 0.7000 psych would relieve the downside pressure
RBA decision Jun 16 could materially shift this read
00:02 UTC
Downtrend, fresh lows · RSI 39 · price 0.69961
Lower highs, lower lows; sub-0.70 break.
AUDUSD has trended lower all week, sliding from 0.7140 toward 0.70 as RBA hike bets faded and USD held firm. The NY session drove the break below the 0.7000 psych level, with price probing a 0.6987 swing low before stalling at 0.6996. RSI(14) near 38 reflects sustained downside pressure, and price sits well below EMA20 and EMA50.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.7037, 0.7071
What it said to watch
Sustained H1 close below 0.7000 confirms the break toward 0.6975
Reclaim of 0.7000 psych would neutralise the sub-0.70 break
Consumer Inflation Expectations could shift RBA pricing and this read
00:02 UTC
Downtrend, near lows · RSI 38 · price 0.69961
Lower highs, lower lows; below 0.7000.
AUDUSD has trended lower all week from Monday's 0.7143 peak, sliding through the 0.7000 psych pivot during the latest NY session as the USD held its bid on Middle East risk aversion and fading RBA hike bets weighed on the Aussie. Price now sits below EMA20 and EMA50 with both capping every pullback, and RSI(14) hugging the low-40s without a clear bullish divergence. The 0.7000 area, now broken, has flipped to resistance with the session low at 0.6987 holding for now.
Support: 0.6987, 0.6975
Resistance: 0.7000, 0.70369, 0.70778
What it said to watch
Sustained H1 close back above 0.7000 would neutralise the breakdown read
Failure to hold 0.6987 opens the path toward 0.6975
RBA decision Jun 16 is the dominant scheduled risk into next week