AUDUSD opened the week near 0.6994 and stretched to the 0.70263 five-week high before fading. A firm USD drove a mid-week selloff into the 0.69618 swing low; the subsequent bounce stalled at a 0.70005 lower high and price is drifting back toward 0.698. RSI sits mid-range with price tracking just under EMA20.
Support: 0.6972, 0.69618
Resistance: 0.70005, 0.70263
What it said to watch
H1 close below 0.69720 prior low exposes the 0.69618 swing low
Reclaim of 0.70005 prior high needed to re-test the 0.70263 week high
AU CPI and FOMC next week are the decisive catalysts and could reshape this read
AUDUSD topped near 0.70263 early in the week and has carved lower highs since, with a firm USD on hawkish Fed repricing capping every bounce. Price sits just below EMA(20) after a rejection at the 0.70005 session high, with the 0.6964 week low still holding on the dips. RSI(14) is mid-range near 46, reflecting a two-way drift rather than fresh momentum ahead of Wednesday's Australian CPI.
Support: 0.6964, 0.6972
Resistance: 0.70005, 0.70207, 0.70263
What it said to watch
H1 close back above 0.70005 session high would neutralise the lower-high sequence
Loss of 0.6964 week low confirms downside continuation
RBA Bullock (Tue) and Q2 CPI (Wed) are the decisive catalysts for this read
AUDUSD slid from the 0.7025 five-week high early in the week down to 0.6962, with the dominant leg lower coming during the NY session as firm US yields kept the USD bid. A rounded recovery has since lifted price back to the EMA(20), but the bounce stalled at 0.7000 and rolled over into the latest NY hours, leaving price hemmed just under the weekly open. RSI(14) sits near 49, reflecting the balance after the rebound faded.
Support: 0.6976, 0.6962
Resistance: 0.7000, 0.7025
What it said to watch
H1 close above 0.7000 reopens the path toward the 0.7025 five-week high
Loss of 0.6976 swing low reasserts the downtrend toward 0.6962 week low
AU Q2 CPI (Wed 01:30 UTC) is the week's key catalyst and could reset this read
19:03 UTC
Downtrend, momentum slowing near base · RSI 46 · price 0.69821
Lower highs from 0.7026, basing at 0.6962.
AUDUSD has trended lower since Tuesday's 0.7026 five-week high, with the sharpest leg down into yesterday's NY session as a firm USD kept the pair pinned. Price based around 0.6962 and bounced to retest the 0.70000 round number, where the move stalled and is now fading back toward EMA20. RSI(14) is mid-range near 46 after cycling off lows, and price sits below EMA50 with the 0.70000 handle capping recovery attempts.
Support: 0.6966, 0.69618
Resistance: 0.7000, 0.7026
What it said to watch
Hourly close above 0.70000 reopens the path to the 0.70260 week high
Failure to hold the 0.69618 week low confirms a fresh lower-low
AUD Q2 CPI Wed 29 Jul is the key catalyst and could reset this read
18:03 UTC
Downtrend this week, stabilising near lows · RSI 49 · price 0.69857
Lower highs into a base above the week low.
AUDUSD has bled lower since Monday's 0.7026 high, printing a series of lower highs before basing around 0.6962 late in the week; Thursday's blowout jobs print gave only a brief lift as firm USD on hawkish-Fed and energy narratives capped every bounce. Price is back testing EMA(20) near 0.6985 after a rejection at the 0.7000 round level, with RSI(14) hovering near 50. The week low at 0.6962 remains the pivot for the intraday base.
Support: 0.69618, 0.6974
Resistance: 0.70005, 0.70263
What it said to watch
H1 close back above 0.70005 would neutralise the lower-high sequence
Failure to hold 0.69618 confirms a fresh lower low
AU Q2 CPI (Wed 01:30 UTC) and FOMC (Wed 18:00 UTC) can materially reset this read
AUDUSD has bled lower since Tuesday's 0.7025 five-week high, printing a week low at 0.6962 into the NY session before a modest recovery. Price sits just above EMA(20) near 0.6981 but under EMA(50), with the 0.7000 round number capping the last bounce attempt. The move fits the firm-USD backdrop — hawkish Fed repricing and rising oil have kept AUD soft despite Thursday's blowout jobs beat.
Support: 0.6962, 0.6972
Resistance: 0.7000, 0.7025
What it said to watch
H1 close above 0.7000 would neutralise the lower-high sequence; 0.7025 the week cap above
Failure to hold 0.6962 confirms a fresh lower-low toward the 200-day SMA
Q2 CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC are the week's pivots and could reset this read
AUDUSD trended lower this week from Tuesday's 0.7026 five-week high, with the dominant leg a sharp NY-session drop Wednesday into 0.6962 as firm USD (hawkish-Fed/oil) capped gains despite Thursday's blowout jobs print. Price has since based twice near 0.6962-0.6964 and recovered above EMA20/EMA50, RSI(14) cycling back to the mid-50s. The 0.70 psychological level is the immediate cap on the recovery.
Support: 0.6964, 0.69618
Resistance: 0.7000, 0.70207, 0.70263
What it said to watch
Hourly close above 0.70000 opens the path back to the 0.70207 prior high
Loss of 0.69618 week low confirms downtrend continuation
Q2 CPI Wed 29 Jul could materially shift this read
17:03 UTC
Downtrend, recovering off lows · RSI 54 · price 0.69903
Double bottom near 0.6962, grinding back toward 0.7000.
AUDUSD sold off from Wednesday's 0.70263 week high into Thursday's NY session, with firm USD on rising Treasury yields and energy-led hawkish-Fed pricing capping the post-jobs bounce; the slide bottomed twice near 0.6962. Price has since clawed back above EMA(20) toward 0.6990, but 0.7000 remains the pivot the recovery has yet to reclaim on a closing basis. RSI(14) has lifted from oversold back to the low-50s as the double-bottom base builds.
Support: 0.6964, 0.6972
Resistance: 0.7000, 0.7014, 0.70263
What it said to watch
H1 close above 0.7000 opens the path back to 0.70140 and the week high
Failure to hold 0.6964 confirms a fresh lower low
Q2 CPI Wed 29 Jul and FOMC could materially shift this read
16:03 UTC
Downtrend, recovering off lows · RSI 55 · price 0.69939
Lower highs into week low, higher lows forming.
AUDUSD opened the week near 0.7003 and pushed to the 0.70263 week high midweek before rolling over into Thursday's NY session, where a sharp leg lower printed the 0.69618 week low as firm USD on the hawkish-Fed/energy narrative capped Australia's strong June jobs beat. Since then demand has stepped in twice near 0.6962, carving a double-bottom base and a series of higher lows back toward the 0.70 round number. Price sits above EMA20 with RSI(14) recovering through the mid-50s.
Support: 0.6972, 0.69618
Resistance: 0.7000, 0.70263
What it said to watch
Reclaim of 0.70000 round number opens the path back to the 0.70263 week high
Failure to hold the 0.69720 higher low re-exposes the 0.69618 week low
Q2 CPI Wed 29 Jul is the key catalyst and could reset this read
AUDUSD spent early week capped under 0.7026 before a two-session slide into the NY hours dragged it to a 0.6962 week low, as firm USD on hawkish-Fed and energy-driven safe-haven flows offset AUD's blowout June jobs beat. Price has since carved a rounded recovery back through EMA20 toward 0.6995, with RSI(14) cycling up out of oversold. The 0.7000 psych round remains the immediate cap on the bounce.
Support: 0.6976, 0.69618, 0.6900
Resistance: 0.7000, 0.70108, 0.70263
What it said to watch
Q2 CPI Wed 29 Jul 01:30 UTC is the dominant catalyst and could reset this read
H1 close above 0.7000 then 0.70108 would extend the recovery toward the 5-week high
Failure to hold 0.6976 recovery low reopens the 0.69618 week low
Break of 0.69618 exposes the 0.6900 psych area
15:03 UTC
Downtrend, stabilising · RSI 52 · price 0.69872
Lower highs into 0.6962 low, recovery underway.
AUD/USD slid from Tuesday's ~0.7026 five-week high through the week, bottoming near 0.6962 in the NY session before recovering back toward the 0.6990 area. The slide came as a firm USD on hawkish-Fed repricing and higher oil capped the pair despite Thursday's strong AU jobs beat. Price now sits back above the H1 EMA20 with RSI(14) cycling near 50, but the 0.7000 pivot still caps rallies.
Support: 0.6978, 0.69618
Resistance: 0.7000, 0.69915, 0.70263
What it said to watch
H1 close above 0.7000 reopens the path to the 0.70263 week high / 0.7025 cap
Failure to hold 0.69618 swing low exposes the 0.6800 area
RBA Gov Bullock Mon and AU CPI Wed could materially shift this read
AUDUSD sold off through the week from the ~0.7026 five-week high to a 0.6962 low during the NY session as a firm USD on hawkish-Fed repricing and oil-led inflation fear weighed on risk. Price has since carved a double bottom near 0.6962 and reclaimed EMA(20), with RSI(14) cycling back to the mid-50s. The 0.7000 round level and weekly-decline midpoint now cap the recovery.
Support: 0.6972, 0.69618
Resistance: 0.6992, 0.7000, 0.70255
What it said to watch
H1 close above 0.70000 neutralises the week's downtrend read
Failure to hold 0.69618 confirms a fresh lower low
RBA Gov Bullock Mon and AUD CPI Wed are the dominant catalysts into next week
Lower highs into 0.70 pivot, holding above swing low.
AUDUSD topped near 0.7026 midweek and has ground lower, with a firm USD on hawkish Fed repricing and 1969-low jobless claims capping the pair below the 0.70 pivot. The 0.6992 area rejected the latest bounce during NY hours and price is back under EMA20/EMA50, holding just above the 0.6962 swing low. RSI is mid-range, matching the choppy, lower-high structure.
Support: 0.6972, 0.69618
Resistance: 0.69915, 0.7000, 0.7026
What it said to watch
H1 close below 0.6962 confirms a lower low and exposes the day low band
Reclaim of 0.7000 psych level needed to neutralise the lower-high sequence
RBA Bullock (Mon) and Australia CPI (Wed) are the key risk events for this read
AUDUSD rolled over from the 0.7026 five-week high mid-week and has carved a sequence of lower highs into a 0.6962 week low, with USD firm on the 1969-low jobless claims and Middle East safe-haven bid. The recovery leg since stalled at 0.6992 and price is back near EMA(20) around 0.6978 with RSI(14) cycling below 50. The 0.7000 pivot the pair kept consolidating around now sits overhead as resistance.
Support: 0.69618, 0.69657
Resistance: 0.69915, 0.7000, 0.7026
What it said to watch
Hold below 0.6962 confirms continuation of lower lows
H1 close above 0.7000 pivot neutralises the lower-high sequence
RBA Bullock (Mon) and Australia CPI (Wed) are the swing catalysts for this read
FOMC Wed could materially shift the USD side of the pair
13:03 UTC
Downtrend, consolidating near lows · RSI 45 · price 0.69762
Lower highs since Wednesday's peak, holding above week low.
The blowout June jobs report earlier this week lifted AUD/USD toward the 0.7026 five-week high, but that cap was rejected and firm USD on hawkish-Fed repricing dragged the pair back through 0.7000. Price cut a fresh week low near 0.6962 before consolidating; it now sits below EMA20 with RSI(14) cycling in the mid-40s. Attempts back toward 0.6995 have stalled, keeping the lower-high sequence intact.
Support: 0.69618, 0.69742
Resistance: 0.6980, 0.7000, 0.7026
What it said to watch
H1 close back above 0.7000 pivot would neutralise the downtrend read
Failure to hold 0.6962 week low confirms the next lower low
RBA Bullock (Mon) and Australia CPI (Wed) are the swing factors for this week's structure
13:03 UTC
Downtrend, bounce fading · RSI 46 · price 0.69762
Lower highs into week low, corrective bounce capped.
AUDUSD spent early week ranging near 0.7000 before a sharp Thursday leg lower to the 0.69618 week low, driven by USD strength on the 187K US jobless-claims print and safe-haven flows. Price sits below EMA20 and EMA50 with RSI mid-40s; the corrective bounce stalled at 0.69915 and rolled back to 0.6976. The psych pivot at 0.7000 and prior high near 0.70207 have capped this week — bounce high 0.69915 is the near-term ceiling to watch.
Support: 0.6964, 0.69618, 0.6800
Resistance: 0.69915, 0.7000, 0.70207
What it said to watch
H1 close above 0.69915 bounce high would ease the downtrend read
Reclaim of the 0.70000 psych pivot needed to challenge 0.70207 prior high
Failure to hold 0.69618 week low confirms a lower-low, exposes 0.6800
RBA Bullock (Mon) and Australia CPI (Wed) could materially shift this read
The week opened near 0.7010 and was capped sub-0.7025 mid-week before rolling over through the NY session, with the dominant leg lower dumping to a 0.6962 week low as a firmer USD outweighed strong Aussie jobs data. Since that base, price has carved higher lows and reclaimed EMA20, but the recovery has stalled just under the 0.6993 session high and 0.7000 pivot. RSI(14) has cycled back to the mid-50s, unwinding the earlier oversold read.
Support: 0.6964, 0.69618, 0.6972
Resistance: 0.6993, 0.7000, 0.7026
What it said to watch
Reclaim above 0.6993 then 0.7000 pivot needed to extend the bounce toward the 0.7025 cap
Failure to hold the 0.6964 base confirms a lower low, exposing 0.6900
Q2 CPI Wed 29 Jul is the pivotal catalyst and can override this structure
12:03 UTC
Downtrend, recovering off lows · RSI 54 · price 0.69879
Sold to week low, retracing higher.
AUDUSD sold off through the NY session yesterday to a week low near 0.69640 as a firmer USD outweighed the strong Australian jobs print, with the dominant leg lower coming off the 0.70180 area. Price has since carved a double bottom around 0.69620-0.69640 and recovered above EMA20, RSI(14) cycling back to the midline. The 0.70000 round number has capped the bounce so far and sits just under the EMA50.
Support: 0.6964, 0.6972
Resistance: 0.7000, 0.7018
What it said to watch
H1 close above 0.70000 opens the path back toward the 0.70180 prior high
Failure to hold 0.69640 confirms a fresh lower low
AUDUSD faded from the ~0.7025 five-week high earlier in the week as a firmer USD (Iran risk, 187K jobless claims) outweighed the hot Aussie jobs print, bottoming near 0.69618. Price has since carved higher lows through the NY session, clearing EMA20 and grinding back toward the 0.70000 pivot. RSI(14) has recovered off oversold with the second low holding above the first — a bullish divergence into the base.
Support: 0.6972, 0.69618
Resistance: 0.7000, 0.7018, 0.70257
What it said to watch
H1 close above 0.70000 reopens the 0.7025 week high
Loss of 0.69618 confirms a lower low toward 0.6800
RBA Bullock Mon and Q2 CPI Wed could materially reshape this read
11:03 UTC
Recovering off week low · RSI 58 · price 0.69911
Higher lows forming after decline.
AUDUSD faded from the ~0.7025 five-week high through midweek down to a 0.69618 base, printing a twin low near 0.6962 into the London-NY transition. Price has since rounded higher and now sits back above EMA20 and EMA50, with RSI(14) recovered near 58. The 0.7000 psych/pivot is the immediate cap; two dips into the 0.6962-0.6970 zone held.
Support: 0.6970, 0.69618
Resistance: 0.7000, 0.70259
What it said to watch
H1 close above 0.7000 opens the path to the 0.7025 five-week high
Failure to hold the 0.6962 week low exposes the 0.6800 area
AUD Q2 CPI (Wed 01:30 UTC) and RBA Bullock (Mon) could materially shift this read
US S&P Global PMIs today 13:45 UTC may drive USD and cap the recovery
10:03 UTC
Downtrend, bouncing off lows · RSI 60 · price 0.69916
Lower highs into recovery off 0.6962.
AUDUSD faded from the ~0.7026 five-week high through the week as a firmer USD on Iran risk and resilient US data outweighed the hot Aussie jobs print. Price flushed to 0.6962 during the NY session before buyers stepped in, and it has since recovered back toward the 0.7000 psych level with RSI(14) lifting off its lows against the price low. The 0.7000 handle is the immediate cap into the weekend.
Support: 0.6962, 0.6964
Resistance: 0.7000, 0.7018, 0.7026
What it said to watch
H1 close above 0.7000 psych reopens the 0.7018-0.7026 zone
Failure to hold 0.6962 week low confirms a lower-low, exposing 0.6800
RBA Bullock (Mon 03:05 UTC) and Q2 CPI (Wed 01:30 UTC) could reshape this read
AUDUSD faded from the ~0.7025 five-week high through Wednesday and into the NY session as a firmer USD on Iran risk outweighed the strong Aussie jobs beat, printing a week low at 0.6962. Price has since carved a string of higher lows and reclaimed EMA20, recovering to the 0.700 round-number pivot — roughly the 50% retrace of the down leg. RSI(14) has cycled back to the mid-50s from oversold on the bounce.
Support: 0.6972, 0.69618
Resistance: 0.7000, 0.70257
What it said to watch
H1 close above 0.7000 round-number opens a retest of the 0.70257 week high
Failure to hold the 0.6972 higher low re-exposes the 0.6962 week low
RBA Bullock speech Mon and Q2 CPI Wed are the key catalysts for this pair
09:03 UTC
Downtrend, recovering off lows · RSI 53 · price 0.69873
Higher lows building after swing low.
The week rallied off Monday's open to a weekly high near 0.7020, then reversed hard through NY as a strong US jobless-claims print (187K) and safe-haven USD bid dragged AUDUSD down to a swing low near 0.6962. Since then price has carved higher lows and reclaimed the 0.6968 pivot, sitting back above EMA20 with RSI cycling back toward the mid-50s. The 0.7000 round number and the weekly high above remain the levels capping the recovery.
Support: 0.6968, 0.6962
Resistance: 0.7000, 0.7020, 0.7028
What it said to watch
H1 close above 0.7000 opens the path back to the 0.7020 weekly high and 0.7028 50d sma cap
Failure to hold 0.6962 swing low confirms a fresh lower-low
Q2 CPI Wed 01:30 UTC is the decisive catalyst and could reset this read
09:03 UTC
Downtrend, bounce off lows · RSI 50 · price 0.69873
Lower highs / lower lows, recovering.
AUDUSD ground lower through the week off the ~0.70263 weekly high toward the 0.6962 week low as USD firmed on the strong US jobless claims print and Iran safe-haven flows capped the topside. Price has clawed back above EMA(20) into the NY session but sits under EMA(50), with the 0.7000 psych level the first cap. RSI(14) turned up from the lows, showing bullish divergence against the sub-0.6962 print.
Support: 0.6973, 0.6962
Resistance: 0.7000, 0.7012, 0.70263
What it said to watch
H1 close above 0.7000 psych challenges the descending lower-highs line
Failure to hold 0.6962 week low reasserts the downtrend
RBA Bullock (28 Jul) and Q2 CPI (29 Jul) are decisive catalysts ahead
Lower highs into 0.6962 low, corrective bounce underway.
AUDUSD has traded a clean downtrend since Wednesday's rejection at 0.7025, with a sharp NY-session leg lower into 0.6962 as the USD firmed on the 1969-low jobless claims print (187K) and Iran-driven safe-haven flows. Price is now correcting back to 0.6984, reclaiming EMA(20) after a double touch of 0.6962 held. Supply near 0.7000 and the week's high at 0.7020 remain the levels to monitor above.
Support: 0.6962, 0.6940
Resistance: 0.7000, 0.7020, 0.7028
What it said to watch
Close above 0.7000 opens a retest of the 0.7020 swing high
Failure to hold 0.6962 confirms a lower low toward 0.6940
AUD CPI Wed 29 Jul is the next real catalyst and can reset this read
AUDUSD faded from the week high near 0.7026 through the NY session yesterday as a firmer USD (jobless claims at a 1969-low 187K) and safe-haven flows outweighed Thursday's strong Australian jobs print. Price sank to 0.6962 before buyers stepped in, and the pair is now consolidating just under 0.6990 with RSI(14) recovering off oversold. The string of lower highs from 0.7026 remains intact while price holds below EMA(50).
Support: 0.6972, 0.69618
Resistance: 0.6999, 0.7013, 0.7026
What it said to watch
H1 close above 0.6999 psych level challenges the lower-high sequence
Failure to hold 0.6962 week low confirms a fresh lower-low
Australian CPI Wed 29 Jul 01:30 UTC is the make-or-break catalyst for this read
07:03 UTC
Downtrend, bounce attempt · RSI 49 · price 0.6984
Lower highs into a week low, recovering.
AUDUSD has trended lower since Wednesday's NY session, sliding from the 0.7026 week high to a 0.6962 low as the dollar firmed on stronger US jobless claims and safe-haven demand. Price is now stabilising near 0.6984 with EMA(20) reclaimed and RSI(14) recovering off the lows against a marginally lower price low. The 0.7000 handle remains the pivot capping this bounce.
Support: 0.6962, 0.6971
Resistance: 0.7000, 0.7011, 0.7026
What it said to watch
H1 close above 0.7000 reasserts the earlier consolidation range
Failure to hold 0.6962 confirms a fresh lower low toward 0.6900
RBA Gov Bullock Mon 03:05 UTC and Q2 CPI Wed 01:30 UTC could reset this read
AUDUSD rolled over from the mid-week 0.7026 high and slid to a 0.6964 low through the NY session as the dollar firmed on the 187K jobless-claims beat and Iran safe-haven bid, with the strong Aussie jobs print unable to hold gains. Price has since stabilised near 0.698, RSI(14) recovering back to the mid-line after basing in oversold territory. The 0.7000 psych pivot capped the prior recovery and remains the near-term ceiling.
Support: 0.6964, 0.6940
Resistance: 0.7000, 0.7020
What it said to watch
H1 close above 0.7000 would neutralise the lower-high sequence
Failure to hold 0.6964 swing low opens 0.6940
RBA Bullock (Mon) and Q2 CPI (Wed) are the key repricing risks
US S&P Global PMIs at 13:45 UTC could extend the dollar bid
06:03 UTC
Downtrend, bounce off lows · RSI 45 · price 0.69742
Lower highs into a base near 0.6962.
AUDUSD held the 0.6985–0.7020 band from Monday's open before breaking lower through Thursday's NY hours, with a firmer USD on Middle East risk overriding the strong jobs beat (+76.3K) and pressing price to 0.6962. Buyers stepped in twice around 0.6962, and the pair is now consolidating near 0.6974 back at the EMA20 but capped below EMA50, RSI recovering off the week's lows. Lower highs off 0.70207 still define the decline.
Support: 0.69618, 0.6970
Resistance: 0.6980, 0.7000, 0.70207
What it said to watch
H1 close back above 0.6980 lower-high line negates the down leg
Loss of 0.6962 swing low confirms a fresh lower low
RBA Gov Bullock (Mon) and Q2 CPI (Wed) are the dominant catalysts for this read
AUDUSD held the 0.6985–0.7020 band through midweek but lost it in the NY session, sliding to a 0.6964 swing low as the USD firmed on oil-driven risk aversion. Price is now basing around 0.6974 below EMA20 and EMA50, with RSI(14) recovering off its lows near 43. The prior range floor at 0.6985 now caps, and 0.7000 sits above as psychological resistance.
Support: 0.6964, 0.6970
Resistance: 0.6985, 0.7000
What it said to watch
Hold of 0.6964 keeps the base intact; a close below confirms a lower low
Reclaim of 0.6985 range floor would neutralise the breakdown
RBA Gov Bullock (Mon) and Q2 CPI (Wed) are the swing factors into next week
AUDUSD spent most of the week pinned around the 0.7000 psych pivot before sellers pushed it through into the NY session, printing a lower low at 0.6964 as safe-haven USD demand and firmer oil weighed on the Aussie. Price is now consolidating in the mid-0.697s below EMA20 and EMA50, with RSI(14) recovering off oversold toward 43. The 0.7000 pivot that capped the range for four days is now acting as overhead resistance.
Support: 0.6964, 0.6970
Resistance: 0.7000, 0.7020, 0.70263
What it said to watch
H1 close back above 0.7000 invalidates the breakdown and reopens the range
Failure to hold 0.6964 confirms continuation of the lower-low sequence
US S&P Global PMIs today 13:45 UTC could extend or unwind the USD bid
RBA Bullock (Mon) and Q2 CPI (Wed) are the dominant catalysts ahead
05:03 UTC
Downtrend, off week high · RSI 42 · price 0.69729
Lower highs, broke below 0.7000, basing near week low.
Price spent most of the week pinned around 0.7000-0.7020 after Thursday's jobs beat, but rolled over through the NY session with a clean break below the 0.7000 psych level as firmer USD and oil-driven safe-haven flows weighed. The leg found a base at 0.69618 with a matching low near 0.6964, and RSI(14) has cycled up off oversold as price consolidates below EMA20. The 0.69792 session high has capped the bounce.
Support: 0.69618, 0.6940
Resistance: 0.69792, 0.7000, 0.70263
What it said to watch
H1 close back above 0.7000 psych invalidates the breakdown read
Failure to hold the 0.69618 swing low confirms a lower low
US S&P Global PMIs today 13:45 UTC could shift the USD-driven leg
AUDUSD spent the week pinned near the 0.7000 psych pivot post the jobs beat, then broke down through the range during yesterday's NY session, sliding to a 0.69618 swing low. Price has since recovered back above the 0.6970 pivot but trades under EMA20 (~0.6985), which is now capping the bounce with RSI(14) still mid-40s. Elevated oil and a firm USD kept the recovery contained below prior support-turned-resistance.
Support: 0.6970, 0.69618
Resistance: 0.6985, 0.7000, 0.7020
What it said to watch
Reclaim of EMA20 near 0.6985 and 0.7000 psych would negate the breakdown read
Loss of 0.69618 swing low confirms continuation of the down leg
US S&P Global PMIs at 13:45 UTC could shift this read via the USD
04:03 UTC
Downtrend after range break · RSI 44 · price 0.69741
Broke 0.7000 range, basing near lows.
AUDUSD held a 0.7000–0.7020 range most of the week before breaking lower during yesterday's NY session, sliding to a 0.6962 swing low as a firmer USD (safe-haven Iran bid, hot US claims) offset the post-jobs Aussie. Price has since based near 0.6965 and clawed back toward the 0.6980 session high, but RSI(14) around 44 and price under EMA20 keep momentum soft. The 0.7000 psych pivot now sits as overhead resistance after acting as the range floor.
Support: 0.69618, 0.6970
Resistance: 0.69803, 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 invalidates the breakdown read
Failure to hold 0.69618 confirms a lower low
RBA Bullock (Mon 03:05 UTC) and Q2 CPI (Wed) could materially shift this read
03:03 UTC
Downtrend, consolidating near lows · RSI 43 · price 0.69739
Range break below 0.7000, lower highs.
AUDUSD spent most of the week pinned in a 0.6990–0.7026 band as the strong jobs beat kept RBA hike pricing alive, but firmer USD and safe-haven flows drove a clean break below 0.7000 into the NY session, bottoming at 0.6962. Price now sits below both EMAs and is grinding sideways around 0.6974, recovering only the shallow 23.6% of the down move. RSI(14) near 43 reflects the loss of upside momentum after the breakdown.
Support: 0.6964, 0.6972
Resistance: 0.6980, 0.7000, 0.7020
What it said to watch
H1 close back above 0.70000 would negate the range break
Failure to hold 0.69640 confirms a lower low
US PMIs at 13:45 UTC could extend the USD bid
RBA Bullock (Mon) and Q2 CPI (Wed) are the key AUD catalysts
03:03 UTC
Downtrend off the weekly top · RSI 43 · price 0.69739
Lower highs, lower lows since range break.
AUDUSD spent most of the week pinned around the 0.7000 pivot before a sharp leg lower broke the range, printing a low at 0.69618 after Middle East risk and a firmer USD weighed on the commodity-linked Aussie. Price now trades below EMA(20) and EMA(50) with RSI(14) recovering off its low as buyers stepped in twice near 0.6962. The 0.6970 support flagged by the market has held on the bounce back to 0.69739.
Support: 0.6970, 0.69618
Resistance: 0.6986, 0.7000, 0.70263
What it said to watch
Sustained loss of 0.6970 exposes the 0.69618 week low
H1 close back above 0.70000 would neutralise the range-break read
RBA Gov Bullock (Mon 03:05 UTC) and Q2 CPI (Wed 01:30 UTC) are the key catalysts that could reset this read
Lower highs into a double-bottom base near 0.6962.
AUDUSD rolled over from the 0.7020 area during the NY session and slid to 0.6962, unwinding some of the post-jobs firmness as a firmer USD capped the pair around 0.7000. Price is now basing above a 0.6962/0.6964 double bottom with RSI(14) lifting off oversold, but sits below both EMA20 (~0.6985) and EMA50. The 0.7000 pivot and EMA20 have capped the recovery so far.
Support: 0.6964, 0.6962
Resistance: 0.6985, 0.7000, 0.7020
What it said to watch
Reclaim of EMA20/0.7000 would neutralise the downtrend read
Loss of 0.6962 week low confirms a fresh lower low
Q2 Trimmed Mean CPI Jul 29 01:30 UTC is the key catalyst
RBA Bullock speech Jul 28 could shift the read ahead of CPI
AUDUSD spent Monday-Wednesday boxed in the 0.6985-0.7020 band before a sharp NY-session leg down broke it, printing a week low at 0.69618. Price is now grinding higher off that low with RSI(14) lifting out of oversold, but it remains below EMA20 and EMA50 after the break. The 0.6985 old range base is the first hurdle overhead ahead of Wednesday's Q2 CPI.
Support: 0.69618, 0.6964
Resistance: 0.6985, 0.7000, 0.70263
What it said to watch
H1 reclaim of 0.6985 range base would neutralise the downside break
Loss of 0.69618 week low confirms a fresh lower low
Q2 Trimmed Mean CPI (Wed) and RBA Bullock (Tue) can reset this read
AUDUSD held a 0.6990-0.7020 consolidation for most of the week before breaking down through the NY session, sweeping to a 0.69618 week low as a firm USD and safe-haven bid capped the pair despite Thursday's strong jobs print. Price trades below EMA20 and EMA50 with RSI(14) recovering from oversold near 34, and the latest bar reclaimed 0.6975. Resistance at 0.6980 caps the bounce, with the broken 0.7000 pivot the larger hurdle overhead.
Support: 0.69618, 0.6940
Resistance: 0.6980, 0.7000, 0.7020
What it said to watch
H1 close back above 0.6980 needed to re-open the 0.7000 pivot
Loss of 0.6962 week low confirms a lower-low and opens 0.6940
US flash PMIs today 13:45 UTC could extend the USD bid
RBA Bullock (Jul 28) and Q2 CPI (Jul 29) are the week's catalysts and could reshape this read
01:03 UTC
Downtrend, off the lows · RSI 44 · price 0.69752
Broke below week's 0.6985-0.7020 range, printed lower low at 0.6962.
AUDUSD spent the week boxed around 0.7000 after the blowout jobs beat kept RBA hike bets alive, but a firm USD dragged the pair through the 0.6970 floor into yesterday's NY session, printing a lower low at 0.6962. Price has since based near 0.6965 and is bouncing toward 0.6975, with RSI(14) recovering off oversold; both EMAs (20/50) still sit overhead as capped resistance. The move sits below the week's consolidation and remains structurally weak until 0.7000 is reclaimed.
Support: 0.6962, 0.6940
Resistance: 0.7000, 0.7020, 0.6990
What it said to watch
Loss of 0.6962 confirms a fresh lower low and opens the path toward 0.6940
H1 close back above 0.7000 negates the downside range break
Q2 CPI on Jul 29 is the key catalyst; today's US PMIs (13:45 UTC) could shift the read
00:03 UTC
Turning lower, range broken to downside · RSI 38 · price 0.69664
Range broke down, printing lower lows.
AUDUSD spent most of the week boxed between 0.7000 and the 0.7020 week high after the jobs beat, before a sharp NY-session slide broke 0.6970 prior support and pressed into a 0.6964 swing low. Price now trades below both EMA20 and EMA50, consolidating just above the lows with RSI(14) sub-40, as a firm USD safe-haven bid capped the earlier hawkish-RBA move. Momentum has clearly shifted lower into the Asian session.
Support: 0.6964, 0.6960
Resistance: 0.6970, 0.6990, 0.7020
What it said to watch
Hourly close back above 0.6970 prior support negates the breakdown
US flash PMIs 13:45 UTC today could extend USD strength and pressure the 0.6964 swing low
Q2 CPI (Jul 29) is the week's key catalyst and could reset this read
AUDUSD spent most of the week boxed in a 0.6985–0.7020 range around the 0.7000 pivot, supported by Thursday's blowout jobs print, before losing the 0.6970 floor in the NY session and selling off to 0.6962. Price now sits below both EMA20 and EMA50 with RSI near 38, and the prior 0.6970 support is being tested from below as resistance. The move flushed the consolidation to fresh week lows.
Support: 0.6962, 0.6940
Resistance: 0.6970, 0.7000, 0.7020
What it said to watch
Reclaim and H1 close above 0.6970 would negate the range break
Loss of 0.6962 confirms continuation of lower lows
Q2 Trimmed Mean CPI (Jul 29) and RBA Bullock (Jul 28) are the key catalysts and could reshape this read