AUD/USD AI Live Scan, daily chart, Tuesday, 28 July 2026

Every read JAFX AI made on the AUD/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

21:04 UTC

Downtrend easing, basing below 0.7000 · RSI 53 · price 0.69849

Higher lows off June trough, capped at 0.7000.

AUDUSD sold off from the early-May peak at 0.7277 into a mid-June trough near 0.6865, and has since ground out a series of higher lows while capped by the 0.7000 psychological mark, the 50-DMA and the 38.2% retracement around 0.7025. The last two weeks are a tight consolidation between 0.6965 and 0.7000, with EMA20 supportive but price still below a flat EMA50 — the recovery reads as corrective within the broader down-move. AUD remains the G10 laggard, penned under 0.7000 ahead of Wednesday's Q2/June CPI.

Support: 0.6965, 0.6913, 0.6865

Resistance: 0.7000, 0.7025

What it said to watch

  • Australian CPI Wed 01:30 GMT can force a break of the 0.6965–0.7000 range
  • Daily close above 0.7025 clears the 38.2% cap and 50-DMA
  • Loss of 0.6965 confirms a lower low and reopens the June-low path
  • FOMC ~16h after CPI could reset the USD leg of this read

21:03 UTC

Downtrend easing, ranging sub-0.7000 · RSI 46 · price 0.69849

Range within broader lower-high chain.

AUDUSD topped out near 0.7227 in early May and has traced a rounded top, sliding under the EMA(50) since the June break below 0.7000. The last three weeks have compressed into a 0.6965–0.7010 range as repeated attempts above the 0.7000 psychological mark rejected, with price now pinned just below it at 0.6985. Aussie is trading purely on the RBA hike-versus-pause debate ahead of tomorrow's Q2 CPI.

Support: 0.6965, 0.6882, 0.6833

Resistance: 0.7000, 0.7227

What it said to watch

  • Q2 Australian CPI Wed 01:30 GMT and FOMC ~16h later can materially shift this range read
  • Daily close above 0.7000 psych level would neutralise the rounded-top read
  • Failure to hold the 0.6965 range floor opens the June swing low near 0.6882

All markets that day · Today’s AUD/USD Live Scan in the terminal