AUD/USD AI Live Scan, 4-hour chart, Friday, 23 October 2026
Every read JAFX AI made on the AUD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:03 UTC
Uptrend, pausing at monthly high · RSI 57 · price 0.70336
Higher highs and higher lows since 0.6894; tight range 0.6994-0.7036.
Hawkish RBA repricing after Hauser's inflation warning drove a 140-pip rally off the 0.6894 swing low. Since then the pair has built a series of higher lows, with the last at 0.7004. Price has spent four days inside a 0.6994-0.7036 range. The range top has now capped three times, and Thursday's risk-off dip on US-Iran and oil headlines held above the range low. ATR(14) has eased to about 17 pips from 30+ during the October swings, and EMA20 sits above EMA50. That is a compression read with price pressing the upper edge.
Support: 0.7004, 0.6994, 0.6894
Resistance: 0.7036, 0.7045
What it said to watch
An H4 close above the 0.7036 range top opens the UOB band at 0.7045-0.7070
A break below the 0.7004 higher low and then the 0.6994 range low ends the higher-low sequence and exposes the 38.2% fib near 0.6982
Loss of the 0.6894 swing low would reverse the swing structure since mid-October
Bullock speech (00:15 UTC) and AU CPI (00:30 UTC, f/c 4.2% y/y) on Wed Oct 28 could resolve the range; FOMC at 18:00 UTC the same day adds USD risk
Higher lows since 0.6894; tight range below 0.7036.
Higher-low structure has held since the mid-month 0.6894 low. Hawkish RBA commentary from Hauser and a softer USD drove the rally to a 0.7036 swing high. Since then price has compressed between a 0.7004 range floor and that high, sitting just above the 23.6% fib and the rising higher-lows trendline. ATR(14) has slipped to roughly 17-18 pips from 25+ during the early-month selloff, and the EMA20 remains above the EMA50, which points to coiling rather than distribution as hike pricing meets a weak AU services PMI.
Support: 0.7004, 0.6994, 0.6982
Resistance: 0.7036, 0.7042
What it said to watch
H4 close below the 0.6994 swing low breaks the higher-lows trendline and exposes the fib 38.2 at 0.6982
H4 close above the 0.7036 swing high opens the September prior high at 0.7042
Repeated tests of the 0.7004 range floor without a break keep the consolidation read intact
US flash PMIs today (13:45 UTC) could materially shift this read
AU CPI and the Bullock speech Wed 00:15-00:30 UTC, followed by FOMC, are the main range-break risk
Higher lows since 0.6894 double bottom; tight 0.6994–0.7036 range for ~2 days.
The 0.6903/0.6894 double bottom triggered a four-day climb to the 0.7036 swing high, driven by Hauser's 'materially worse' inflation warning lifting November RBA hike odds. Since then price has stalled in a 0.6994–0.7036 band, slipping to the EMA20 after weak flash PMIs. The higher-low trendline and the 0.6950 higher low remain intact. ATR(14) near 18 pips shows compression after the impulse.
Support: 0.6994, 0.6982, 0.6950
Resistance: 0.7036, 0.7042
What it said to watch
Bullock today 10:00 UTC; a dovish lean on the PMI slump could push price through the 0.6994 swing low toward the fib 38.2 at 0.6982
H4 close above the 0.7036 swing high and 0.7042 prior high extends the uptrend sequence toward the 0.7045–0.7070 band
Loss of the higher-low trendline and the 0.6950 higher low breaks the rally structure
Q3 CPI and Trimmed Mean Wed 00:30 UTC, then FOMC, are the larger multi-day catalysts
05:03 UTC
Recovery uptrend, stalling under range top · RSI 56 · price 0.70135
Higher lows since 0.6894; tight consolidation below 0.7036-0.7042.
The rebound from the 0.6894 range low has printed higher highs and higher lows. It was driven by the hawkish RBA repricing after Hauser's comments, and EMA20 has crossed above EMA50 along the way. Price has stalled for six sessions under the 0.7036 swing high, just shy of the 0.7042 range top. A shallow dip held the 0.6994 swing low, which sits above both the rising support line and the 50% fib of the rally. ATR(14) has compressed to roughly 17-18 pips from near 30 during the mid-month selloff, consistent with a coiling market beneath a multi-day cap.
Support: 0.69936, 0.6965, 0.68939
Resistance: 0.70361, 0.70423, 0.7070
What it said to watch
H4 close above the 0.7042 range top opens the 0.7045-0.7070 cap zone
Failure to hold the 0.6994 swing low and rising support breaks the higher-low sequence and exposes the 50% fib near 0.6965
RBA Gov. Bullock speaks at 10:00 UTC today, and US flash PMIs at 13:45 UTC could break the current compression
Australian CPI and Trimmed Mean on Wed 28 Oct, 00:30 UTC, is the larger risk to the RBA-driven rally
01:03 UTC
Recovery uptrend, momentum cooling below range top · RSI 56 · price 0.70153
Higher low at 0.6894, higher high at 0.7036, shallow pullback holding near 0.7000.
AUD rallied from the 0.6894 window low to a 0.7036 swing high, taking out the 0.7013 mid-month peak, after Hauser's hawkish RBA remarks lifted November hike pricing. Price is now retesting the 0.7000 handle, with a swing low at 0.6994 and a rising line of higher lows underneath, while the 0.7036–0.7042 prior high cluster caps the top of the broader 0.6894–0.7042 range. ATR(14) has eased to roughly 17–18 pips from the wider bars of the early-October selloff legs, and price sits above both EMA20 and EMA50.
Support: 0.69936, 0.6936, 0.68939
Resistance: 0.70361, 0.70423
What it said to watch
H4 close below the 0.6994 swing low breaks the higher-lows trendline and exposes the 38.2% rally fib near 0.6982, then the 0.6936 higher low
Close above the 0.7042 prior high clears the range top and the 0.7036 swing high cluster
Bullock speech Fri 10:00 UTC; a growth-focused tone after the 47.8 Services PMI could unwind hike pricing and test 0.7000
US S&P Global PMIs Fri 13:45 UTC and UoM inflation expectations at 14:00 UTC could shift the USD leg
Bullock and Q3 CPI on Tue 28 Oct 00:15–00:30 UTC are the larger risk to the range read