Every read JAFX AI made on the AUD/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Downtrend stalling into range · RSI 53 · price 0.69416
Multi-week decline basing above 0.6890.
The multi-week decline from the early-June 0.7277 peak has stalled into a 0.6890–0.6960 range over the last three weeks, with price still below a falling EMA50. Repeated defence of the 0.6890 swing low has produced a mild recovery toward the 0.6960 recent high, but RSI near 50 reflects a balanced tape. AUD is range-bound, hostage to US CPI Tuesday as the dominant catalyst.
Support: 0.6890, 0.6835
Resistance: 0.6960, 0.6980
What it said to watch
- Daily close below 0.6890 swing low confirms a lower-low and opens the 0.6835 downside tgt
- Close above the 0.6980 pivot invalidates the range read
- US CPI Tuesday could materially shift this read
21:04 UTC
Downtrend, momentum flattening · RSI 51 · price 0.69416
Lower highs since May, basing in low 0.69s.
AUDUSD rolled over from the early-May 0.7277 peak into a multi-week downtrend, printing a late-June low near 0.6865. Price has since stabilised in a tight 0.6900–0.6960 band over the last two weeks, holding below a falling EMA(50) near 0.7050. RBA hawkish rhetoric and a softer USD are offset by risk-off flows, leaving direction hostage to Tuesday's US CPI rather than domestic data.
Support: 0.6900, 0.6865, 0.6835
Resistance: 0.6960, 0.6980, 0.7050
What it said to watch
- D1 close above 0.6980 would break the descending highs
- Loss of 0.6900 reopens the 0.6865 swing low then 0.6835
- US CPI Tuesday could materially shift this read