Consolidation above 0.7000 after weekly breakdown.
AUD/USD opened the week near 0.7075 and slid ~80 pips through the 0.7050 pivot and briefly under 0.7000 after the FOMC hawkish dot-plot repricing. Since the drop the pair has churned just above the 0.7000 psych mark, posting a series of lower highs into a tightening range with RSI(14) flat near neutral. Price is pinned below EMA20 and EMA50, both still sloping lower.
Support: 0.7000, 0.6989
Resistance: 0.7037, 0.7050
What it said to watch
Australia CPI Wed 01:30 UTC could materially shift this read
AUD/USD broke ~80 pips lower through 0.7050 mid-week after the hawkish FOMC dot-plot repricing, then dug in around the 0.7000 handle. Since that drop the pair has consolidated in a 0.7000–0.7035 band with RSI(14) cycling in the low-40s, holding below EMA(20) and EMA(50). The 0.69888 week low and the 0.7000 psych mark are absorbing repeated probes lower.
Support: 0.7000, 0.69888
Resistance: 0.7035, 0.7050
What it said to watch
Hourly close below 0.7000 confirms acceptance under the psych mark and opens deeper downside
Reclaim of 0.7050 pivot would shift the range read
Australia CPI Wed 01:30 UTC is the key catalyst and could break this range either way
AUDUSD broke ~80 pips lower through 0.7050 on Wednesday's hawkish FOMC dot-plot and has since pinned to the 0.7000 psychological mark. Price sits below EMA20 and EMA50 with RSI(14) idling in the mid-40s; bounce attempts into the 0.7035 area have made successively lower highs. The 0.6989 swing low held on the last test, keeping the move in consolidation rather than fresh extension.
Support: 0.7000, 0.69888
Resistance: 0.70194, 0.7035, 0.7050
What it said to watch
Australia CPI Wed 01:30 UTC could materially shift this read
Hourly close below 0.6989 confirms a lower-low
Reclaim of 0.7050 pivot invalidates the downtrend read
AUDUSD broke through 0.7050 and briefly under 0.7000 on Wednesday's hawkish FOMC dot-plot repricing, and price has since stalled into a tight band above the figure. RSI(14) is cycling in the low-40s without a fresh lower low, while EMA20 and EMA50 cap rebound attempts overhead. Bounce attempts off 0.6990 have lacked follow-through, keeping the week's bias structurally heavy.
Support: 0.7000, 0.69888
Resistance: 0.7022, 0.7050, 0.7011
What it said to watch
Australia CPI Wed 01:30 UTC is the dominant catalyst for this read
H1 close back above 0.7050 pivot negates the downtrend structure
21:03 UTC
Downtrend, consolidating at lows · RSI 44 · price 0.7008
Post-FOMC drop, basing above 0.7000.
AUDUSD fell ~80 pips through 0.7050 and briefly under 0.7000 after the hawkish FOMC dot-plot repricing, and has spent the last two days basing just above the 0.7000 handle. Price sits below both EMA20 and EMA50, which have capped each bounce attempt, with RSI(14) cycling in the low-40s. The 0.6989 week low marks the floor; 0.7035 has held supply on recovery tries.
Support: 0.7000, 0.6989
Resistance: 0.7035, 0.7050
What it said to watch
Australia CPI Wed 01:30 UTC (HIGH) could materially shift this read
H1 acceptance below 0.7000 exposes the 0.6989 week low
Close above 0.7050 invalidates the consolidation-at-lows read
21:02 UTC
Downtrend, consolidating near lows · RSI 45 · price 0.7008
Range-bound below post-FOMC drop.
AUD/USD broke sharply lower through 0.7050 and under 0.7000 after the hawkish FOMC dot-plot repricing, shedding ~80 pips in a single impulse. Since then price has consolidated in a tight 0.7000-0.7020 band, holding below EMA20 and EMA50 with RSI(14) stuck in the mid-40s. The 0.6989 swing low has held bounce attempts, while 0.7037 capped the last NY-session recovery.
Support: 0.7000, 0.6989
Resistance: 0.7037, 0.7050
What it said to watch
Australia CPI Wed 01:30 UTC is the key catalyst — could materially shift this range
Hourly acceptance below 0.7000 exposes the 0.6989 swing low and deeper downside
Close above 0.7050 pivot invalidates the consolidation-below read