AUD/USD AI Live Scan, 1-hour chart, Wednesday, 21 October 2026
Every read JAFX AI made on the AUD/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:03 UTC
Uptrend, momentum stalling below range high · RSI 49 · price 0.70228
Higher lows intact, flat range 0.7018–0.7036 since Wednesday London.
The rally runs from Friday's 0.6918 low through a gap up at the weekly open. Tuesday's NY session took price through the 0.7000 round number on hawkish RBA repricing after Hauser's inflation remarks, with China's GDP beat and a softer USD also supportive. Since Wednesday London's 0.7036 range high, price has rotated inside 0.7018–0.7036. It is now closing just under EMA(20) near 0.7026, with RSI(14) back to 49, and is retesting the rising trendline from Tuesday's 0.6970 swing low.
Support: 0.7018, 0.7000, 0.6970
Resistance: 0.7026, 0.7036
What it said to watch
H1 close below the 0.7018 range low breaks the rising trendline and the higher-low sequence, exposing the 0.7000 round number
Acceptance back above EMA(20) and a close through the 0.7036 range high resumes the uptrend structure
Failure to hold 0.7000 puts the 38.2% rally fib near 0.6990 and the 0.6970 swing low in view
AU Flash PMIs Oct 22 22:00 UTC and US jobless claims 12:30 UTC could materially shift this read; Bullock speaks Oct 23 10:00 UTC
Higher lows since Monday open; tight range 0.7018–0.7036.
AUDUSD opened the week with a gap up to 0.6964 and has carved higher lows since, as hawkish RBA repricing after Hauser's inflation comments pushed it through the 0.7000 round number in Tuesday's NY session. Wednesday's London session extended the move to a 0.70356 week high, but NY hours turned into a range between the 0.7018 range low and that high, with price hugging EMA(20) and RSI(14) easing back to the mid-50s. The pullback has held above the 23.6% level of the week impulse at about 0.7015.
Support: 0.7018, 0.7000, 0.6964
Resistance: 0.70356
What it said to watch
H1 close above the 0.70356 week high ends the consolidation and resumes the uptrend sequence
Failure to hold the 0.7018 range low exposes the 0.7000 round number and the 38.2% retracement of the week impulse near 0.7003
Break of the rising lows trendline, now near 0.7003, would mark the first lower low of the week; the weekly open at 0.6964 sits below
AU flash PMIs (Oct 22, 22:00 UTC) and US jobless claims (Oct 22, 12:30 UTC) could shift this read ahead of Bullock on Oct 23
Higher lows since Tuesday, capped by a double test of 0.7036.
AUDUSD has printed a run of higher lows from the 0.6970 tuesday low. Tuesday's NY session drove the break through the 0.70 round number, as hawkish RBA repricing and soft US housing data overrode last week's weak Australian jobs report. London capped the advance twice today at the 0.7036 week high, and price has since rotated between that level and today's NY low at 0.7018. Price is holding just above EMA(20), and RSI(14) has eased into the high 50s.
Support: 0.70181, 0.7000, 0.69704
Resistance: 0.70356
What it said to watch
H1 close above the 0.7036 week high resumes the higher-high sequence; repeated rejection there leaves a flat top over the rising lows
H1 close below the 0.7018 ny low breaks the higher-lows trendline and today's rotation floor
Loss of the 0.7000 round number, near the 50% of the impulse fib, reopens the prior 0.6915-0.7015 range; the 0.6970 tuesday low is the deeper reference
AU flash PMIs (Oct 22, 22:00 UTC) and RBA Governor Bullock (Oct 23, 10:00 UTC) could validate or unwind November hike pricing
US Initial Jobless Claims (Oct 22, 12:30 UTC) could shift the soft-USD backdrop
Higher lows since Monday, now a 0.7018–0.7036 consolidation under the week high.
AUD/USD has printed higher lows since Monday's gap-up open near 0.6964. Tuesday's NY session cleared 0.70, and Asia and London today extended to a 0.7036 week high as markets repriced RBA hike odds after Hauser's hawkish comments. Since then the range top has capped two tests, while NY twice dipped to a 0.7018 session low and slipped under the higher-lows line from Tuesday's Asia low. Price still sits above EMA(20) and EMA(50), with RSI(14) near 58, so this reads as a pause in the advance rather than a turn.
Support: 0.7018, 0.7009, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
Hourly close above the 0.7036 week high breaks the range top and opens the 0.7050 round number
Failure to hold the 0.7018 session low exposes the 0.7009 higher low from Asia today
Loss of the 0.7000 round number undercuts Tuesday's higher lows and shifts the read to a deeper retracement of the week impulse fib
US jobless claims (Thu 12:30 UTC) and AU flash PMIs (Oct 22, 22:00 UTC) ahead of Bullock on Oct 23 could materially shift this read
19:03 UTC
Uptrend, stalling at week high · RSI 57 · price 0.70232
Higher highs and higher lows since Monday's open; flat cap at 0.7035.
AUD/USD has printed higher highs and higher lows since Monday's gap-up open near 0.6964. Tuesday's NY session carried the break through 0.7000, with hawkish RBA repricing after Hauser's comments and soft US housing data both pressing the move. Wednesday's advance stalled at the 0.7035 week high, which was rejected three times between London and NY, and price has eased back to EMA(20) near 0.7022 with RSI(14) in the high-50s. The rising trendline from Tuesday's 0.6970 low and today's 0.7018 NY low frame the pullback; the 38.2% retracement of the week impulse sits just above the 0.7000 round number.
Support: 0.7022, 0.70181, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close above the 0.7035 week high breaks the cap and puts the 0.7050 psych level in view
Loss of the 0.7018 NY low and the rising trendline would end the week's higher-low sequence
Failure to hold the 0.7000 round number, near the 38.2% of the week impulse, reopens the prior 0.6915-0.7015 range
AU flash PMIs (Oct 22, 22:00 UTC) and Bullock (Oct 23, 10:00 UTC) could materially shift this read
18:03 UTC
Uptrend, testing week high · RSI 65 · price 0.70329
Higher highs and higher lows since Monday; 0.7036 capping twice.
AUD/USD has stacked higher highs and higher lows since the week opened at 0.6964. Tuesday's NY session break of 0.70 was retested and held, as hawkish RBA repricing and soft US housing data kept USD on the back foot. Today's London push tagged the 0.7036 week high, which has capped two attempts, while the NY open dip to the 0.7018 ny dip low was absorbed on the higher-low trendline; price holds above EMA(20) near 0.7025 with RSI(14) in the mid-60s, and the week rally has shown only shallow pullbacks.
Support: 0.7025, 0.70181, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close above the 0.7036 week high opens the path toward the 0.7050 psych level
Break of the higher-low trendline and the 0.7018 ny dip low would end the higher-low sequence and expose the 0.7000 round number
Loss of 0.7000 puts the week rally fib 50–61.8% zone (0.6999–0.6990) back in play
US jobless claims (Oct 22, 12:30 UTC) and AU flash PMIs (Oct 22, 22:00 UTC) could materially shift this read ahead of Bullock on Oct 23
Higher highs and higher lows since Monday open; pause under 0.7035.
AUD/USD gapped up from Friday's 0.6943 close to open the week near 0.6964 and has printed a higher low every session since. Tuesday's NY session drove the break through the 0.70 psych level as hawkish RBA repricing from Hauser lifted hike odds, and the Monday high at 0.69925 has not been revisited since. Today's London push stalled twice at the 0.70356 week high, close to the 0.7035 area the market has flagged. The NY dip held at 0.70181 above the rising higher lows line and recovered above EMA(20) near 0.7023, with RSI(14) easing to around 59 from Tuesday's stretched readings. The week impulse fib has 38.2% at about 0.7003, sitting on top of the 0.70 psych level.
Support: 0.70181, 0.7000, 0.69925
Resistance: 0.70356, 0.7050
What it said to watch
An H1 close below the 0.70181 ny low breaks the higher lows line and the week's higher-low sequence
Loss of the 0.70 psych level, the 38.2% of the week impulse, exposes the monday high at 0.69925 and the 50% retracement near 0.6993
A close above the 0.70356 week high opens the path toward the 0.7050 round number
AU flash PMIs (Oct 22, 22:00 UTC) and RBA Governor Bullock (Oct 23, 10:00 UTC) could materially shift this read
US Initial Jobless Claims (Thu 12:30 UTC) are a USD-side risk during NY hours
Higher lows since Tuesday's Asia low; week high tested twice, pullback holding.
AUDUSD has stepped higher since Monday's gap open at 0.6964, building higher lows off the Tuesday low at 0.6970. The NY session drove Tuesday's push through the 0.7000 psych level, and Asia and London extended it Wednesday as hawkish RBA repricing and a soft USD lifted the pair. London tested the week high at 0.7036 twice before the NY open dropped price to the NY low at 0.7018. That dip held the rising trendline near the 23.6% fib, and price sits just above EMA(20) with RSI(14) cooled to the mid-50s; the Asia high at 0.7030 capped the bounce.
Support: 0.70181, 0.7000, 0.69704
Resistance: 0.7030, 0.70356
What it said to watch
H1 close below the NY low at 0.7018 and the rising trendline breaks the higher-low sequence and exposes the 0.7000 psych level
H1 close above the Asia high at 0.7030 and the week high at 0.7036 extends the uptrend; a third rejection there would read as a double top
Loss of the Tuesday low at 0.6970, below the tue-wed fib 61.8%, negates this week's higher-low structure
US jobless claims Thu 12:30 UTC and AU flash PMIs Thu 22:00 UTC could materially shift this read
Higher lows since Monday open, rejection at 0.7036.
AUDUSD has printed higher lows since Monday's gap-up open at 0.6964. Tuesday's NY session drove the break through 0.7000 as hawkish RBA repricing after Hauser's remarks and a soft USD on weak US housing data lifted the pair. Wednesday's London session pushed to a week high of 0.70356, tested twice, before a rejection at the NY open; the pullback found the ema20 near 0.7019, with RSI(14) easing to the low 60s and rising support probed but holding on a closing basis.
Support: 0.7019, 0.7000, 0.69704
Resistance: 0.70356, 0.7050
What it said to watch
H1 close below the ema20 and rising support near 0.7019 shifts the read toward a pullback to the 0.7000 psych level, which sits at the 38.2% week advance fib
Failure to hold the tuesday low at 0.69704 breaks this week's higher-low sequence
A close above the 0.70356 week high opens the path to the 0.7050 round number
US jobless claims Thu 12:30 UTC and AU flash PMIs Thu 22:00 UTC could materially shift this read
14:03 UTC
Uptrend, stalling at week high · RSI 56 · price 0.70211
Higher highs and lows since Thursday's low; price testing rising trendline.
AUDUSD has set higher highs and higher lows every session since Thursday's 0.6907 low after the AU jobs miss. It gapped up at Monday's open and cleared 0.7000 during NY hours Tuesday as hawkish RBA repricing and a softer USD took hold. London capped the push twice at the 0.7035 week high today, and the NY open bar shed 13 pips, leaving price on the rising trendline just above EMA(20) near 0.7018 with RSI(14) easing to 56. The 0.7029 Asia high is first resistance overhead, while the Wednesday Asia low at 0.7009 and the 0.7000 psych level mark the latest higher low.
Support: 0.7018, 0.7009, 0.7000
Resistance: 0.7029, 0.70356
What it said to watch
H1 close below the 0.7009 wed asia low breaks the rising trendline and the week's higher-low sequence
A third failure at the 0.7035 week high would confirm supply capping the rally; a close above it extends the higher-high sequence
Loss of the 0.7000 psych level exposes the 38.2% rally fib near 0.6987
AU flash PMIs (Oct 22 22:00 UTC) and RBA Gov. Bullock (Oct 23 10:00 UTC) could materially shift this read
Stair-step higher highs and higher lows above 0.7000.
AUDUSD gapped higher into Monday's open at 0.6964 and has posted higher lows every session since. It broke the 0.7000 round number at Tuesday's NY open and stretched to a week high of 0.7036 in London today, as hawkish RBA repricing after Hauser's comments met a softer dollar. Price is holding above EMA(20) near 0.7020 with RSI(14) around 70, and today's Asia dip found demand at the 0.7009 swing low, above the higher-lows trendline.
Support: 0.7020, 0.70092, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close back below the 0.7000 round number, the 38.2% fib of the week move, would negate Tuesday's breakout
Break of the higher-lows trendline and the 0.7009 swing low would shift the read to consolidation
Sustained closes above the 0.7036 week high open the path to the 0.7050 psych level
AU flash PMIs (Oct 22 22:00 UTC) and RBA Gov. Bullock (Oct 23 10:00 UTC) could materially shift this read
Meta Q3 earnings tonight and US jobless claims Thu are USD sentiment risks near the week high
12:02 UTC
Uptrend, fresh week high · RSI 66 · price 0.70315
Higher lows each session, testing 0.7015–0.7035 band.
AUDUSD has set a higher low every session since Monday's 0.6964 weekly open. Tuesday's push into the NY open cleared the 0.70 round number, and London extended the rally to a 0.7036 week high today. Pullbacks are finding EMA(20), with Wednesday's asian low at 0.7009 holding right at it, and RSI(14) near 66 sits short of overbought. The move rests on hawkish RBA commentary, a China GDP beat and a softer USD, and price is now pressing the upper end of the 0.7015–0.7035 resistance band.
Support: 0.7020, 0.7009, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close above the 0.7036 week high clears the resistance band and opens the 0.7050 round number
Break of the higher lows trendline and the 0.7009 asian low would print the first lower-low of the week
Loss of the 0.7000 round number, near the 38.2% fib of the week's rally, returns price to the prior range
US jobless claims (Thu 12:30 UTC) and AU flash PMIs (Oct 22 22:00 UTC) could shift this read ahead of Bullock on Oct 23
Stair-step higher highs/higher lows since Monday's gap-up open.
AUD/USD has printed a higher low in every session since Monday's gap-up week open near 0.6964. Tuesday's NY-open push through 0.70 came on Hauser's hawkish RBA remarks and a softer USD, and it extended to a fresh week high at 0.7036 during London today, back through the overnight 0.7029 Asia high. Dips have held the higher-low trendline from Tuesday's 0.6970 Asia low and the 0.7009 swing low. Price sits above both EMAs with RSI(14) near 68 and no bearish divergence yet.
Support: 0.7029, 0.7009, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close back below the 0.7029 Asia high returns price into the 0.7015–0.7035 resistance band
Break of the 0.7009 swing low and the higher-low trendline ends the sequence of session higher lows
Loss of the 0.7000 round number opens the 38.2% fib of the week's impulse near 0.6982
Acceptance above the 0.7036 week high leaves the 0.7050 psych level as the next reference
US jobless claims (Thu 12:30 UTC) and AU flash PMIs (Thu 22:00 UTC) could materially shift this read
10:03 UTC
Uptrend, momentum stalling at week high · RSI 68 · price 0.70257
Higher lows since Friday NY low; equal highs at 0.7028–0.7029.
AUD/USD has set higher lows in every session since Friday's NY low at 0.6936. It gapped higher into Sunday's 0.6964 open on the China GDP beat and broke the 0.7000 round number in Tuesday's NY session, as Hauser's hawkish RBA remarks and soft US housing data weighed on the USD. Tuesday's NY low at 0.6995 held as a retest of 0.7000, and price is now above EMA(20) with RSI(14) near 68. The week high at 0.7029 has capped both today's Asia and London pushes, just under the 0.7035 band top.
Support: 0.7009, 0.7000, 0.69947
Resistance: 0.7029, 0.7035
What it said to watch
H1 close below the rising trendline (~0.7016) and today's asia low at 0.7009 breaks the higher-low sequence
Loss of the 0.7000 round number and the tue ny low at 0.6995 returns price to the pre-breakout range, with the 38.2% week impulse fib near 0.6977
H1 close above the week high 0.7029 and the 0.7035 band top extends the impulse from 0.6894
A third test of 0.7029 on a lower RSI(14) reading would mark bearish divergence at the highs
AU flash PMIs (Oct 22, 22:00 UTC), Bullock (Oct 23) and Friday's US PMIs could materially shift this read
Higher highs and higher lows since Monday's open, holding above 0.7000.
AUDUSD has built a higher-lows sequence since Monday's gap above Friday's 0.6943 close. The decisive breakout came during NY hours Tuesday, as a hawkish RBA, China's GDP beat and a softer USD on US-Iran deal hopes lifted price through the 0.7000 psych level and the 0.7017 two-week high. Wednesday's Asia session set the 0.7029 week high and London has pressed it again, while the Asia retest dip to 0.7009 held near EMA(20), now around 0.7012, and RSI(14) sits near 70 with the 38.2% of the week rally aligned with 0.7000.
Support: 0.7012, 0.7000, 0.6970
Resistance: 0.7029, 0.7050
What it said to watch
Repeated failure at the 0.7029 week high would mark a stall, while an H1 close above opens the 0.7050 round number
H1 close below EMA(20) and the higher-lows line around 0.7012-0.7015 would put the 0.7000 psych and 38.2% confluence in play
A break of the 0.6970 Tuesday low would end the week's higher-low structure
US jobless claims Thu 12:30 UTC, AU flash PMIs Oct 22 22:00 UTC and oil/US-Iran headlines could materially shift this read
Stepwise higher highs and higher lows from the 0.6950 week-open low; 0.7017 prior high broken in Asia.
AUD/USD gapped above Friday's 0.6943 close into Sunday's 0.6964 open and has printed higher lows every session since. Tuesday's NY session drove the push to the 0.7017 prior high, helped by Hauser's hawkish inflation remarks and a softer USD. Asia today extended to a 0.7029 session high, and the dip held at the 0.7009 Asia low just under that broken level. Price is now back near the high, with the higher lows trendline and EMA(20) rising beneath, RSI(14) in the high 60s and not yet overbought.
Support: 0.70169, 0.70092, 0.7000
Resistance: 0.7029, 0.7050
What it said to watch
H1 close above the 0.7029 session high opens the path to the 0.7050 round number
Sustained trade back below the 0.7017 prior high and the 0.7009 Asia low turns the break into a false break
H1 close below the 0.7000 round number, and the higher lows trendline, returns price to the 0.6915-0.7015 range read; the 38.2% of the week impulse fib sits just below near 0.6999
US Initial Jobless Claims Thu 12:30 UTC and AU flash PMIs Thu 22:00 UTC could shift USD tone around the 0.7000 area
Oil and US-Iran headlines driving Fed hike pricing remain the main cap on the breakout
Higher lows since Thursday's low; 0.7000 break being held, capped near 0.7029.
AUD/USD has climbed steadily from Thursday's NY-session low at 0.6894, gapped higher into Monday's open and broke the 0.7000 round number in the first hours of NY yesterday as weak US housing data softened the USD. Hauser's hawkish inflation remarks extended the move to a 0.7029 week high in the Asia session, before a pullback found the EMA(20) near the 0.7009 swing low. Price is back at Tuesday's 0.7017 prior high, with the higher-lows trendline intact and RSI(14) in the low 60s, well short of overbought.
Support: 0.7017, 0.7009, 0.7000
Resistance: 0.7029, 0.7050
What it said to watch
An H1 close back below the 0.7000 round number, and through the higher-lows trendline, would reverse the breakout read and point back into the impulse fib retracement zone
Failure to hold the 0.7009 swing low would mark the first lower low of the week
An H1 close above the 0.7029 week high opens the 0.7050 psych level; another rejection there leaves the 0.7015-0.7017 cap in place
US Initial Jobless Claims Thu 12:30 UTC and Bullock's speech Fri 10:00 UTC could materially shift this read
06:03 UTC
Uptrend, momentum cooling at the highs · RSI 64 · price 0.70136
Higher highs and higher lows since the weekly open; pullback under Tuesday's high.
AUD/USD has printed higher lows since the gap-up weekly open at 0.6964. Monday's London-NY rally and Tuesday's NY push through 0.7000 came on Hauser's hawkish RBA inflation remarks, a China GDP beat and a softer USD on Iran diplomacy hopes. Today's Asia session extended to a week high at 0.7029 before slipping back under the 0.7017 Tuesday high, with price still above EMA(20), RSI(14) easing to ~63 from above 70, and the 0.7009 Asia low sitting on the higher-lows trendline.
Support: 0.7009, 0.7000, 0.69643
Resistance: 0.7017, 0.7029
What it said to watch
An hourly close below the 0.7009 Asia low breaks the higher-lows trendline and puts the 0.7000 psych level in play.
The 0.7000 psych level lines up with the 38.2% fib of the week's rally. Failure there exposes the 50% near 0.6990 and the 0.6964 weekly open.
Sustained closes above the 0.7029 week high would extend the higher-high sequence. Repeated fades under the 0.7017 Tuesday high would mark a stall at the cap.
US jobless claims Thu 12:30 UTC, AU flash PMIs Thu 22:00 UTC and Bullock Fri 10:00 UTC could materially shift this read.
Higher lows since Monday open; pullback testing ema20.
AUDUSD has built higher lows since the weekly open at 0.6964, gapping above Friday's 0.6943 close. The China GDP beat and hawkish RBA commentary carried it through 0.7000 into Tuesday's NY open, where it set the 0.7017 prior high. Asia extended to a 0.7029 week high but met rejection and slipped back under 0.7017. Price now rests on the ema20 near 0.7005 and the higher-low trendline, with RSI(14) cooled to the mid-50s and the 38.2% of the week impulse fib sitting near the 0.6995 tuesday low.
Support: 0.7005, 0.6995, 0.6964
Resistance: 0.7017, 0.7029
What it said to watch
H1 close below the 0.6995 tuesday low breaks the higher-low trendline and opens the 50% of the week impulse near 0.6990, then the 0.6964 weekly open
Acceptance back above the 0.7017 prior high and the 0.7029 week high clears the 0.7015 resistance zone flagged in the digest
Repeated H1 closes below the ema20 would mark the first loss of that support since Tuesday's NY session
AU flash PMIs Thu 22:00 UTC and US jobless claims Thu 12:30 UTC could shift the read around 0.7000
04:03 UTC
Uptrend, momentum cooling off the high · RSI 58 · price 0.70143
Higher highs and higher lows since Friday's 0.6936 low; 0.7000 broken and held.
The week opened on a gap up to 0.6964. Higher lows have stacked up since, as USD softness on US-Iran headlines and hawkish RBA talk carried the pair through 0.7000 in Tuesday's NY session to a 0.7017 prior high. Asia extended to a 0.7029 week high before stalling, and price is back near 0.7014. It is still holding above EMA(20) near 0.7005 and the 0.70 psych level, with RSI(14) easing to 58. The 38.2% retracement of the Friday-to-Wednesday leg sits at 0.6993, alongside the 0.6995 swing low.
Support: 0.7000, 0.6995, 0.6970
Resistance: 0.7017, 0.7029
What it said to watch
An hourly close back below psych 0.70 and EMA(20) would break the Tue higher-lows trendline
Loss of the 0.6995 swing low and the 38.2% fib would mark the first lower-low of the week, exposing the 0.6970 Tue low
Acceptance above the 0.7017 prior high and the 0.7029 week high would extend the higher-high sequence
US jobless claims (Thu 12:30 UTC) and AU flash PMIs (Thu 22:00 UTC) could materially shift this read
Higher lows since week open, holding above 0.7000.
AUDUSD has printed higher lows since Sunday's week open at 0.6964, extending Friday's rebound off 0.6936. Hawkish RBA remarks from Hauser and a softer USD on US-Iran deal hopes carried it through 0.7000 into the first hour of NY yesterday, and pullbacks since Tuesday's London session have held at EMA(20), now near 0.7005. The Asia session today stretched to a week high at 0.7029 before slipping back to Tuesday's 0.7017 tue high. RSI(14) near 64 sits below the ~74 reading at that prior high, a bearish divergence.
Support: 0.7017, 0.7000, 0.6970
Resistance: 0.7029
What it said to watch
H1 closes above the 0.7029 week high would leave the bearish divergence unconfirmed and extend the breakout
H1 close back below the 0.7000 round number undercuts Tuesday's breakout and exposes the 0.6970 swing low, near the 61.8% rebound fib
A break of the week higher lows trendline (~0.6989 now) would end the higher-low sequence
US jobless claims Thu 12:30 UTC and AU flash PMIs Thu 22:00 UTC could shift this read; RBA Gov. Bullock Fri 10:00 UTC is the larger AUD risk
02:02 UTC
Uptrend, pressing week high · RSI 66 · price 0.70176
Higher highs and higher lows since Thursday's 0.6894 low; 0.7000 broken and held.
The H1 impulse from Thursday's jobs-miss low at 0.6894 has carried through Monday's gap to the weekly open at 0.6964. Tuesday's NY-session push took the pair through the 0.7000 psych level after Hauser's inflation warning and a softer USD. That level has since been retested and held, with each Asia and London dip printing a higher low above EMA(20). Price is now testing the week high at 0.7020 in the Asia session, RSI(14) is in the mid-60s without divergence, and hourly ranges have compressed below 9 pips.
Support: 0.7000, 0.69704, 0.69643
Resistance: 0.70202
What it said to watch
H1 close back below the 0.7000 psych level would mark the breakout as a false break and return price to the prior range
Break of the higher lows trendline from Tuesday's lows would end the intraday stair-step
Loss of the tuesday low at 0.6970, near the 38.2% of the impulse fib, would put the weekly open at 0.6964 back in play
Rejection at the 0.7020 week high alongside RSI failing to make a new high would point to bearish divergence
AU PMIs (Oct 22, 22:00 UTC) and US jobless claims (Oct 22, 12:30 UTC) could materially shift this read
01:03 UTC
Uptrend, pressing week high · RSI 66 · price 0.7012
Higher lows since Thursday's low, holding above 0.7000 after breakout.
The rally from Thursday's 0.6894 low, set after the AU jobs miss, has printed higher lows each session since Monday's gap-up weekly open at 0.6964. The push through 0.7000 came into Tuesday's NY open on Hauser's inflation warning and a softer USD, topping at the 0.7017 week high. Tuesday's NY pullback held just under the 0.7000 psych level, and Asia has pressed back toward the week high with price above both EMAs and RSI(14) in the mid-60s.
Support: 0.7000, 0.6982, 0.6964
Resistance: 0.7017, 0.7050
What it said to watch
H1 close above the 0.7017 week high clears the range cap and opens the 0.7050 round number
Break of the higher-lows trendline and a close back below 0.7000 psych would mark a false break of the range top
Loss of the 0.6982 swing low shifts focus to the 0.6964 weekly open
AU PMIs (Oct 22 22:00 UTC) and US jobless claims (Thu 12:30 UTC) could shift the USD tone behind this move
Higher lows since Thursday low, post-breakout consolidation.
The pair has printed higher lows every session since Monday's gap-up open at 0.6964. The NY session on Tuesday drove the break through 0.7000 to a 0.7017 week high as the USD slipped on US–Iran deal reports and soft housing data. The pullback low at 0.6995 held, and price is now holding just above the 0.7000 psych level and EMA(20), with RSI(14) near 62 after easing from overbought; the Asia high at 0.7013 is capping the bounce for now.
Support: 0.7000, 0.69947, 0.69825
Resistance: 0.70131, 0.70169
What it said to watch
H1 close back below the 0.7000 ema20/psych zone and the 0.6995 pullback low would mark the breakout failing
Clearance of the 0.7017 week high takes out the 0.7015 resistance cited in the digest
Loss of the 0.6983 swing low breaks the higher-low trendline and the 23.6% fib of the Thursday–Tuesday impulse near 0.6988
AU flash PMIs (Oct 22, 22:00 UTC) and US jobless claims Thursday could materially shift this read