Lower highs into a multi-day base at 0.6865-0.6890.
AUDUSD remains in a multi-week downtrend of lower highs but has carved a base around 0.6865-0.6890 that has held for roughly a week, with the latest bar snapping back to 0.69224 on a firm bounce. The pressure reflects a resilient USD into US labour data even as hawkish RBA minutes failed to lift the Aussie. ATR(14) near 17 pips shows compression off the early-month sell-off, leaving the 0.6940 cap and 0.6865 floor as the decisive edges.
Support: 0.6865, 0.6835, 0.6707
Resistance: 0.6940, 0.70079
What it said to watch
Close above 0.6940 negates the downside and reopens 0.70079
Failure to hold 0.6865 confirms a lower-low and opens 0.6835/0.6707
US JOLTS/NFP this week is the dominant catalyst and could shift this read
Lower highs / lower lows, basing near 3-month low.
AUDUSD has bled lower for three weeks from 0.7182 toward three-month lows, pressured by a broadly firm USD and Fed-hike repricing. Price has spent the last several sessions basing around 0.6885 and the final bar snapped 45 pips higher off the 0.68649 swing low, reclaiming EMA20 while RSI flattens out — easing momentum within the larger downtrend. The 0.6940 zone remains the structural cap; the broader trend stays lower while price holds below it.
Support: 0.6865, 0.6835
Resistance: 0.6940, 0.6950
What it said to watch
H4 close above 0.6940 negates the near-term downside read and challenges the descending lower-highs line
Failure to hold 0.6865 confirms a lower-low and exposes the 0.6835 down target
US ADP + Warsh + ISM Wed and NFP-week data could materially shift the USD leg driving this pair
Lower highs and lower lows; recent consolidation broke lower.
AUDUSD remains in a clear downtrend, carving lower highs and lower lows since the early-month roll-over below 0.7080, pinned near 3-month lows as USD strength on Fed-hike repricing dominates ahead of NFP. The 0.6885/0.6920 consolidation broke lower into 0.6865, with the 0.6900 round number now capping. ATR(14) is compressed in the mid-teens, so the move is grinding rather than impulsive.
Support: 0.6865, 0.6835, 0.6707
Resistance: 0.6900, 0.6940
What it said to watch
Clean H4 close below 0.6865 opens the 0.6835 then 0.6707 leg lower
Reclaim of 0.6940 would negate the near-term downside structure
US NFP Thursday is the dominant catalyst and could materially shift this read
Downtrend intact on H4 with a steady sequence of lower highs and lower lows since the early-month break below 0.7050; AUD has been pressed to three-month lows near 0.6865 on a firmer USD repricing Fed-hike odds. Price is now coiling in a tight range just above that floor with ATR compressing, sitting below both EMA20 and EMA50. The slide is decelerating but no higher-high has formed to challenge the structure.
Support: 0.6865, 0.6835
Resistance: 0.6905, 0.6940
What it said to watch
H4 close below 0.6865 opens the 0.6835 / 0.6707 zone
Move above 0.6940 negates the downside read
US NFP Thu is the dominant catalyst and could materially shift this read
AUDUSD is locked in a clear H4 downtrend, printing successive lower highs and lower lows since the breakdown through 0.7000 mid-month. Price has slid to 3-month lows near 0.6870 with both EMAs sloping down and capping rallies, consistent with the firmer-USD / Fed-hike narrative that has kept the Aussie offered despite strong jobs data. The next reference below is UOB's flagged 0.6835 major support.
Support: 0.68649, 0.6835, 0.68837
Resistance: 0.69267, 0.6962, 0.7008
What it said to watch
H4 close below 0.6835 opens the lower 1-3M downside zone
Reclaim of 0.6920 needed to signal stabilisation
US NFP Thursday is the dominant catalyst for the next leg
01:02 UTC
Downtrend, consolidating near lows · RSI 41 · price 0.68793
Lower highs and lower lows, basing above 0.6877.
Persistent downtrend on H4: a steady sequence of lower highs and lower lows has carried AUDUSD from the 0.7070s to fresh cycle lows near 0.6877, with USD strength on the revived Fed-hike narrative the dominant driver. Price is now coiling in a tight 0.6877–0.6905 band as ATR(14) compresses, while both EMAs cap from above. Strong Aussie jobs and sticky trimmed-mean CPI have failed to lift the pair against a firm dollar.
Support: 0.6877, 0.6835
Resistance: 0.6905, 0.6940, 0.6950
What it said to watch
H4 close below 0.6835 confirms continuation to fresh cycle lows
Reclaim of 0.6940 would neutralise the lower-high structure
US NFP Thursday is the dominant catalyst and could break this consolidation