Lower highs and lower lows; Thursday's 0.7017–0.7045 range broke lower in NY.
AUD/USD is down about 130 pips from Monday's 0.7140 week high. The dominant leg came in Wednesday's NY session, as strong US PMIs, hawkish Fedspeak and 5%+ US yields lifted the USD. Thursday's Asian low at 0.7017, set after the mixed AU jobs data, gave way during NY hours to a fresh week low at 0.7006, and the NY bounce stalled at 0.7033, the 23.6% fib of the drop from Tuesday's 0.7120 high. Price holds below EMA(20) and EMA(50) with RSI(14) near 35, pinned just above the 0.7000 psych level.
Support: 0.70055, 0.7000
Resistance: 0.7017, 0.70327, 0.70447
What it said to watch
H1 close below the 0.7006 week low and 0.7000 psych extends the lower-low sequence
Recovery above the 0.7017 asian low and the 0.7033 23.6% fib would break the lower highs line
Close above the 0.7045 thu high invalidates Thursday's lower highs structure
US durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday could shift this read; RBA decision Tue Sep 29 is the larger event risk
Lower highs and lower lows since Monday's 0.7140 peak, compressing just above 0.7000.
AUD/USD has printed lower highs since Monday's London high near 0.7140. The Wed-Thu leg began from 0.7120, and the dominant drop came into Wednesday's NY session as blowout US PMIs and 5%+ yields lifted the USD. Thursday's mixed Aussie jobs data produced an Asia dip to 0.7017, then NY hours added a new week low at 0.70055 on hawkish Fed talk and claims beats. The bounce to 0.7033 stalled at a fresh lower high near the 23.6% retracement, and price now sits below the ema20 (~0.7020) with RSI(14) in the mid-30s.
Support: 0.70055, 0.7000
Resistance: 0.7020, 0.70327, 0.70447
What it said to watch
H1 close back above 0.7033 lower high and the ema20 would break the lower-highs sequence
Close above 0.7045 thu high invalidates the downtrend read and targets the 38.2% of the Wed-Thu leg near 0.7049
Failure to hold the 0.70055 week low puts the 0.7000 psych level directly in play
Fri: Fed's Williams 09:15 UTC, US durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Lower highs and lower lows since Monday; tight range just above week low.
AUD/USD has printed lower highs and lower lows since Monday's 0.7140 peak. The dominant leg came in Wednesday's NY session, when blowout US PMIs and 10y yields above 5% lifted the dollar through 0.7100 and 0.7050. Thursday's mixed Aussie jobs data brought an Asia-session dip; the London open then capped at the 0.7045 Thu high, and NY hours extended to a week low at 0.7006, with price holding below a falling EMA(20) near 0.7026. RSI(14) is in the mid-30s on this lower low, against a deeper reading at Wednesday's 0.7025 low, a bullish divergence into the 0.7000 psych level.
Support: 0.70055, 0.7000
Resistance: 0.7026, 0.70447
What it said to watch
H1 close back above the lower-highs trendline (~0.7017) and the ema20 (~0.7026) would be the first sign of the decline stalling
A move through the 0.7045 Thu high breaks the lower-high sequence; the 38.2% retrace of the week decline sits near 0.7057
Failure to hold the 0.7006 week low and 0.7000 psych extends the lower-low structure and voids the RSI divergence
Friday's US durables and UoM inflation expectations, plus Williams and Hammack, could materially shift this read
Lower highs and lower lows since Monday; Thursday range broken lower in NY.
AUD/USD has printed lower highs all week from Monday's 0.7140 week high. Wednesday's London-NY slide on beat-heavy US PMIs and 10y yields above 5% did most of the damage. Thursday's 0.7017–0.7045 range, which held through the mixed Aussie jobs data, gave way in the NY session to a 0.7006 week low. Price now sits below the ema20 near 0.7022 with RSI(14) in the mid-30s, soft but not yet oversold.
Support: 0.70055, 0.7000
Resistance: 0.7022, 0.70327, 0.70447
What it said to watch
H1 close below the 0.7006 week low and the 0.7000 psych level extends the lower-low sequence
Recovery through the ema20 near 0.7022 and the 0.7033 lower high breaks Thursday's lower-highs line
Reclaiming the 0.7045 thu high neutralises the NY range break
Fed's Williams (09:15 UTC) and US durables (12:30 UTC) Friday could shift this read; the RBA decision Tue Sep 29 is the larger event risk
Lower highs and lower lows since Monday's high; Thursday range broken lower.
The week opened at 0.7109 and was capped at Monday's 0.7140 week high. Price then printed lower highs through Tuesday's soft AU flash PMIs and a Wednesday NY-session slide below 0.7100 as strong US PMIs and 5%+ yields lifted the USD. Thursday's 0.7017–0.7045 range gave way in the NY session after the US claims beat, printing a 0.7006 week low. The bounce to 0.7033 stalled below the range top and faded back under the range floor, leaving price below EMA(20) and RSI(14) near 37, still short of the 23.6% retracement of the week high-to-low leg.
Support: 0.70055, 0.7000
Resistance: 0.7017, 0.70327, 0.70447
What it said to watch
An H1 close back above the 0.7045 range top would break the lower-highs sequence
A move back above the range floor at 0.7017 and the 0.7033 retest high would neutralise Thursday's range break
Failure to hold the 0.7006 week low and 0.7000 psych extends the lower-low sequence
US durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday, plus Williams/Hammack Fedspeak, could materially shift this read
Lower highs since Monday; Mon-Tue range lost Wednesday, now pressing 0.7000.
AUD/USD has printed lower highs since Monday's 0.7140 week high. Tuesday's flash-PMI dips held near 0.7092, but Wednesday's London-NY slide on blowout US PMIs and 5% yields broke the Mon-Tue range, leaving price about 100 pips under the weekly open. Thursday's mixed AU jobs data brought a dip to 0.7017, and the London rebound stalled at the day high 0.7045 near the 23.6% fib of the week's decline; NY then set a fresh day low at 0.7007 before a bounce faded under the NY high 0.7033, with price below EMA(20) and EMA(50), RSI(14) in the mid-30s and 0.7000 psych just beneath.
Support: 0.70069, 0.7000
Resistance: 0.70327, 0.70447, 0.71087
What it said to watch
H1 close above the 0.7045 day high breaks the lower-highs sequence
Sustained trade below 0.7000 psych and the 0.7007 day low extends the downtrend into fresh lows
Rejection again at the 0.7033 NY high keeps the lower-highs sequence intact
Reclaim of the 0.7109 weekly open would neutralise this week's range break
Fri US Durables 12:30 UTC, UoM 14:00 UTC and Fed's Williams 09:15 UTC could materially shift this read via yields
RBA decision Tue Sep 29 04:30 UTC is the larger event risk for AUD
Lower highs from Monday's 0.7140 peak; 0.7017–0.7045 base with a false break.
From a 0.7109 weekly open and Monday's 0.7140 high, the pair has printed lower highs all week. The dominant leg came in Wednesday's London-NY sessions, when strong US PMIs and 10y yields above 5% took out the 0.71 handle. Thursday's mixed Aussie jobs data set the asia low at 0.7017, and the London rebound stalled at the 0.7045 day high, just above the 23.6% fib of the week's drop. In the NY session, a push to the 0.7007 week low reversed straight back into the base, a false break that leaves price just under ema20 and testing the lower-highs line, with RSI(14) at a neutral 44.
Support: 0.7017, 0.7007, 0.7000
Resistance: 0.7028, 0.7045, 0.7100
What it said to watch
H1 close back below the 0.7017 asia low and the 0.7007 week low would put the 0.7000 psych level in play and extend the lower-low sequence
H1 close above the ema20 and the 0.7045 day high breaks the lower-highs line; the 38.2% fib near 0.7058, then the 0.71 handle, sit above
US durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday, plus Fed's Williams (09:15 UTC), could materially shift this read via yields
Trump-Xi headlines are a live risk to the base above 0.7000
Lower highs and lower lows since Monday's 0.7140 high; Thursday range floor broken.
AUD/USD has printed lower highs since Monday's London-session peak at 0.7140. Wednesday's NY session delivered the main leg of the Mon-Thu decline, after blowout US PMIs and 5% Treasury yields lifted the dollar. Thursday's mixed Aussie jobs data set an Asia low at 0.7017, and a London bounce stalled at 0.7045, the thu high. NY hours then broke that floor to a fresh week low at 0.7007 after firm US claims, leaving price below EMA(20) and EMA(50) with RSI(14) near 31, just above the 0.7000 psych level.
Support: 0.70069, 0.7000
Resistance: 0.7017, 0.7028, 0.70447
What it said to watch
H1 close back above the 0.7017 asia low would mark today's break as a false break and return price to Thursday's range
Failure to hold the 0.7000 psych level extends the lower-low sequence below the week low
A break of the lower-highs trendline (near 0.7026, close to ema20) would be the first shift in this week's structure; the 38.2% retrace of the Mon-Thu decline sits at 0.7058
US Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday could materially shift this read
RBA decision Tue Sep 29 04:30 UTC is the next major AUD event risk
Lower highs and lows since Wednesday; tight base at 0.7017-0.7045.
AUDUSD broke out of Monday-Tuesday's 0.7092-0.7140 range on Wednesday. The selloff ran from 0.7117 to 0.7025, with the largest bars in the NY session as hot US PMIs and 5%+ Treasury yields lifted the dollar. Since then Thursday has compressed into a 0.7017-0.7045 band capped by the EMA(20). The week low set in Asia after the mixed Australian jobs report is now being retested during NY hours, and RSI(14) sits higher at this low than at Wednesday's trough.
Support: 0.7017, 0.7000
Resistance: 0.7030, 0.70447, 0.70687
What it said to watch
H1 close below the 0.7017 week low extends the lower-low sequence toward the 0.7000 round number
A move above the ema20 at 0.7030 and the 0.7045 thu high breaks the Thursday lower highs and brings the 50% fib of the Wednesday selloff at 0.7069 into view
Fri US durables and UoM inflation expectations could materially shift this read via Fed October hike odds
RBA decision Tue Sep 29 04:30 UTC is the next domestic risk; guidance matters more than the expected 25bp hike
14:03 UTC
Downtrend, compressing near lows · RSI 42 · price 0.70271
Lower highs since Monday's high; tight range just above the week low.
AUDUSD has printed lower highs since Monday's 0.7140 week high. The decisive leg came in Wednesday's NY session, when hot US PMIs and 5%+ Treasury yields drove a range break below Tuesday's 0.7092 lows. Thursday's Asia-session dip to the 0.7017 week low on mixed jobs data drew buying, but price has since compressed between the 0.7023 range floor and 0.7045 range top, capped by EMA(20) near 0.7036 and trading below the lower-highs line, with RSI(14) holding in the low 40s.
Support: 0.7023, 0.7017, 0.7000
Resistance: 0.7036, 0.7045, 0.7109
What it said to watch
H1 close above the 0.7045 range top and ema20 would break the lower-highs sequence; the 0.7109 weekly open is the next reference above
Failure to hold the 0.7023 range floor and 0.7017 week low exposes the 0.7000 psych level
Trump-Xi meeting headlines and US New Home Sales today could materially shift this read
Fri Durable Goods and UoM inflation expectations are the next US-yield catalyst for the pair
Range break lower, now a tight 0.7017-0.7045 consolidation.
AUD/USD opened the week at 0.7109 and held a 0.7092-0.7140 range through Monday and Tuesday. Wednesday's blowout US PMIs and the jump in yields broke that range, and the dominant leg lower ran into the NY session toward 0.7025. Mixed Aussie jobs data in Asia today set a fresh week low at 0.7017, and price has since compressed between that level and Thursday's London high at 0.7045. The pair is capped below EMA(20) near 0.7037 and just under the 23.6% fib of the 0.7120-0.7017 leg, with RSI(14) flat around 42.
Support: 0.7017, 0.7000
Resistance: 0.7037, 0.70447, 0.70919
What it said to watch
H1 close above 0.7045 (thu high, near the 23.6% fib) with price back over EMA(20) would mark a first higher high since Wednesday
Failure to hold the 0.7017 week low exposes the 0.7000 round number and ends the consolidation read
Break of the thu higher lows line from 0.7017 would confirm the pause is resolving lower
Tuesday low at 0.7092 is the underside of the broken range, the reference if the rebound extends
Fed's Paulson (13:00 UTC), New Home Sales (14:00 UTC) and Trump-Xi summit headlines could shift this read within the next few bars
Lower highs since Monday, tight 0.7017–0.7045 range after Wednesday's impulse lower.
Monday's 0.7140 high capped the week, and a lower-highs sequence led into Wednesday's slide. After blowout US PMIs pushed yields past 5%, the pair fell from 0.7117 to 0.7025, with the move accelerating into the NY session. Thursday's Asia session printed a week low at 0.7017 around the mixed Australian jobs data. Since then price has compressed in a 0.7017–0.7045 range, capped by the thu high and rotating around the H1 ema20 near 0.7032, with RSI(14) flat near 40 and still well below the 23.6% retracement of the week's drop.
Support: 0.7017, 0.7000
Resistance: 0.7032, 0.70447, 0.70565
What it said to watch
US Initial Jobless Claims at 12:30 UTC, plus Hammack and Paulson from 12:50 UTC, could break the current range either way.
An H1 close below the 0.7017 week low extends the lower-low sequence toward the 0.7000 round number.
Holding above the ema20 and clearing the 0.7045 thu high opens the 38.2% fib at ~0.7057.
Trump-Xi headlines today and the RBA decision on Tue Sep 29 are the AUD-side risks to this read.
AUDUSD has printed lower highs since Monday's 0.7140 week high. The dominant leg came in Wednesday's NY session, when hot US PMIs and yields above 5% took the pair from 0.7116 to 0.7025. The Asia session dip to the 0.7017 week low on the mixed jobs report drew demand. Since then price has coiled between Thursday's higher low near 0.7024 and a rejection at the 0.7045 London high just above EMA(20) (~0.7039), with RSI(14) flat near 41.
Support: 0.70242, 0.7017, 0.7000
Resistance: 0.7039, 0.70447, 0.71087
What it said to watch
H1 close below the 0.7017 week low confirms a fresh lower-low and brings the 0.7000 round number into play
H1 close back above the ema20 and 0.7045 london high reopens the 38.2% retrace of the week high-low fib near 0.7064
Loss of Thursday's higher low trendline (~0.7024) would end the current consolidation
US Initial Jobless Claims at 12:30 UTC and Fed's Hammack/Paulson shortly after could materially shift this read
Trump-Xi summit headlines today; the weekly open at 0.7109 marks the top of this week's breakdown
Lower highs since Monday's 0.7140 peak; tight 0.7017–0.7045 consolidation on Thursday.
The week's dominant move came in Wednesday's London-NY transition, when hot US flash PMIs and hawkish Fedspeak drove price from above 0.7100 to the 0.70253 wed low. Monday's 0.7140 high and the 0.71087 weekly open are now well overhead. The mixed Australian jobs report in Thursday's Asia session produced a dip to a 0.7017 week low that was quickly reclaimed. Since then, price has rotated in a tight band, capped by the thu high at 0.70447 and hovering just under ema20 near 0.7035, with RSI(14) stuck in the low 40s.
Support: 0.70253, 0.7017, 0.7000
Resistance: 0.7035, 0.70447, 0.71087
What it said to watch
H1 close above the 0.70447 thu high breaks the Wed-Thu lower highs trendline and opens the 38.2% of the week's decline near 0.7064
Failure to hold the 0.70253 wed low and 0.7017 week low exposes the 0.7000 psych level
Sustained trade back above ema20 near 0.7035 would shift the consolidation higher within the range
US Initial Jobless Claims at 12:30 UTC plus Fed's Hammack and Paulson could materially shift this read
Trump-Xi summit headlines today are a risk-sentiment swing factor for AUD
Lower highs from Monday's 0.7140 top; tight base 0.7017–0.7045.
The week's dominant leg came in Wednesday's NY session, when hot US PMIs and rising yields broke price through the tue low at 0.7092 and down to 0.7025, well below the 0.7109 weekly open. Thursday's mixed Aussie jobs data (headline beat, unemployment up to 4.6%) marked a fresh week low at 0.7017 in the Asia session before a bounce. The London open push then stalled at 0.7045, the thu high, which lines up with EMA(20) and the 23.6% fib. RSI(14) is holding near 40, below its midline.
Support: 0.7017, 0.7000
Resistance: 0.7045, 0.7092, 0.7109
What it said to watch
H1 close above 0.7045 thu high / EMA(20) opens the 38.2% fib near 0.7064
Failure to hold 0.7017 week low exposes the 0.7000 psych level
Only a recovery back above 0.7092 tue low toward the 0.7109 weekly open would neutralise the lower-high sequence
US jobless claims at 12:30 UTC, plus Fed's Hammack and Paulson, could materially shift this read
Trump-Xi summit headlines are a risk channel for AUD during NY hours
Lower highs from Monday; post-flush base 0.7017–0.7043.
The week opened at 0.7109. Monday's 0.7140 high was followed by a lower high on Tuesday. Wednesday's London-to-NY slide on the hot US PMIs and 5y auction then cut through the tuesday low at 0.7092 and reached the wed low near 0.7025. Thursday's Asia-session AU jobs data (unemployment 4.6%) extended the move to a week low of 0.7017. Price has since compressed in a 0.7027–0.7043 band, with the ema20 near 0.7043 capping each bounce and RSI(14) recovering to the mid-40s.
Support: 0.7025, 0.7017
Resistance: 0.7043, 0.7057, 0.7092
What it said to watch
H1 close above the ema20 at 0.7043 opens the 38.2% fib at 0.7057 of Wednesday's drop
Failure to hold the wed low at 0.7025 and the week low at 0.7017 extends the lower-low sequence
Tuesday low at 0.7092 caps the lower-highs trendline area on any extended recovery
Williams at 08:10 UTC, US jobless claims at 12:30 UTC and Trump-Xi summit headlines could materially shift this read
07:02 UTC
Downtrend, pausing in a tight range · RSI 41 · price 0.70342
Lower highs since Monday; post-breakdown box 0.7017–0.7042.
Lower highs built from Monday's 0.7140 week high. The break came during Wednesday's London session and carried into the NY open, as strong US PMIs and yields above 5% took AUDUSD through the tuesday low at 0.7092 and down to the wed low at 0.7025. The mixed Australian jobs print in Asia extended the move to a week low at 0.7017 before an immediate recovery. Since then price has compressed below a range top at 0.7042, just under a flattening EMA(20), with RSI(14) holding near 41.
Support: 0.70253, 0.7017, 0.7000
Resistance: 0.70428, 0.70639, 0.70919
What it said to watch
H1 close above the 0.7042 range top and EMA(20) opens a retrace toward the 38.2% fib at 0.7064
Failure to hold the 0.7017 week low exposes the 0.7000 round number
Recapture of the tuesday low at 0.7092 would undo Wednesday's breakdown and the lower-highs read
Fed's Williams (08:10 UTC) and US Initial Jobless Claims (12:30 UTC) could materially shift this read
Trump-Xi summit headlines today are a two-way risk for the wed low area near 0.7025
Lower highs from 0.7140; Mon–Tue range broken, tight base above 0.7017.
After a gap-down open at 0.7109, AUDUSD held a 0.7092–0.7140 range through Tuesday. It broke below the tue low in Wednesday's NY session as hot US PMIs pushed yields past 5%, printing a wed low at 0.7025. Asia's mixed jobs data (unemployment 4.6%) briefly extended the move to a 0.7017 jobs low, which drew a quick bounce, and price is now compressed in a 0.7017–0.7043 band under EMA(20) with the range top and the lower-highs line capping.
Support: 0.70253, 0.7017
Resistance: 0.70428, 0.70639, 0.70919
What it said to watch
H1 close above the 0.7043 range top opens a retest of the fib 38.2 at 0.7064
Failure to hold the 0.7017 jobs low resumes the lower-low sequence below the wed low
Recovery back above the tue low at 0.7092 would challenge the lower-highs trendline and the downtrend read
Williams 08:10 UTC, Initial Jobless Claims 12:30 UTC and Trump-Xi summit headlines could materially shift this read
Lower highs since Monday; post-breakdown consolidation 0.7017–0.7043.
AUDUSD has set lower highs since Monday's 0.7140 peak. Wednesday's selloff, which ran from London into NY on the US PMI beat and 5%+ yields, broke the 0.7092–0.7140 early-week range and ran to the wed low at 0.7025. Since then price has compressed between that area and the 0.7043 range top, below EMA(20) near 0.7046 with RSI(14) around 37, and Thursday's Asia-session dip to the 0.7017 week low on mixed Australian jobs data was reclaimed within the hour.
Support: 0.70253, 0.7017, 0.7000
Resistance: 0.70428, 0.70641, 0.71087
What it said to watch
H1 close below the 0.7017 week low extends the lower-low sequence and exposes the 0.7000 round number
Recovery through the 0.7043 range top and EMA(20) would mark the first higher high since Wednesday; the 38.2% fib of the Monday-high-to-week-low drop sits at 0.7064
Lower-highs trendline near 0.7100 and the weekly open at 0.7109 cap any rebound
US Initial Jobless Claims (12:30 UTC) and Fedspeak from Williams, Hammack and Paulson, plus Trump-Xi summit headlines, could materially shift this read
03:02 UTC
Downtrend, basing near lows · RSI 41 · price 0.70352
Lower highs since Monday; range break Wednesday, tight base above week low.
AUDUSD ranged roughly 0.7092–0.7140 on Monday and Tuesday, printing lower highs, then broke lower on Wednesday. London and NY drove a 100-pip slide to the 0.7025 Wed NY low after hot US PMIs and Barr's hawkish remarks lifted the dollar. Since then price has based below a flattening EMA(20): the Asia-session dip to a 0.7017 week low on mixed Australian jobs data was bought back, while bounces keep stalling at the 0.7042 bounce cap, the fib 23.6 of the drop, with RSI(14) recovering from oversold into the low 40s.
Support: 0.7025, 0.7017, 0.7000
Resistance: 0.7042, 0.7069, 0.7092
What it said to watch
H1 close below the 0.7017 week low extends the lower-low sequence toward the 0.7000 round number
A close through the 0.7042 bounce cap while the 0.7025 Wed NY low holds opens the fib 50% at 0.7069
Reclaiming the 0.7092 Tuesday low and the lower highs line near 0.7100 would undercut the breakdown read
US Initial Jobless Claims at 12:30 UTC and Fedspeak from Williams, Hammack and Paulson today could materially shift this read
Trump-Xi summit headlines today are the main risk-sentiment catalyst for AUD
Lower highs from Monday's 0.7140 high; Tue–Wed range broken lower, fresh week low printing.
After a gap lower at Monday's 0.7109 weekly open and a 0.7140 peak in Monday's London-NY transition, supply capped Tuesday's bounce. Wednesday's London session broke the 0.7092 tuesday low, and the US flash PMI beat extended the drop in the NY session. Price has held below EMA(20) since then, and the Asian-session rebound stalled near the 0.7042 ema20 line. The hour of the Aussie jobs release pushed price to a fresh week low at 0.7022, with RSI(14) near 23: oversold and marginally above its Wednesday trough.
Support: 0.70216, 0.7000
Resistance: 0.7042, 0.70919, 0.71087
What it said to watch
Break of the 0.7000 psych level extends the lower-low sequence along the lower highs trendline from Monday
H1 close back above 0.7042 (ema20, Wednesday rebound high) would mark the first loss of downside momentum
0.7058–0.7069 (38.2–50% of the Wednesday selloff fib) is the area to watch for rejection, with the tuesday low at 0.7092 and the weekly open at 0.7109 above
A lower low without a new RSI low would firm up the early bullish divergence
US jobless claims (12:30 UTC) and Williams' remarks today could materially shift this read
00:02 UTC
Downtrend, pausing after impulsive leg · RSI 29 · price 0.70337
Range break lower, tight consolidation above week low.
The 0.7092–0.7140 range held Monday and Tuesday, with the tuesday low at 0.7092 absorbing two dips. It gave way on Wednesday: a steady Asia/London grind from 0.7116 accelerated at the NY open as strong US PMIs lifted yields, printing a week low at 0.7025 late in NY. Since then price has compressed in a 0.7030–0.7043 band under EMA(20) near 0.7054, with RSI(14) near 29, having stayed below 35 for most of the session, and the weekly open at 0.7109 now well overhead.
Support: 0.70253, 0.7000
Resistance: 0.70428, 0.70919, 0.71087
What it said to watch
AU labour report at 01:30 GMT (f/c +20K, unemployment 4.5%) lands inside the next two bars and could materially shift this read
H1 close above the 0.7043 range top and EMA(20) opens a retrace toward the 38.2% fib near 0.7062
Failure to hold the 0.7025 week low exposes the 0.7000 psych level
A rebound back through the 0.7092 tuesday low would negate the range break
US jobless claims at 12:30 UTC and Fedspeak can extend the US-yield-driven move