AUD/USD AI Live Scan, 4-hour chart, Thursday, 2 July 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.

21:04 UTC

Downtrend, momentum stalling · RSI 54 · price 0.69194

Multi-day range after impulsive slide.

The downtrend from the early-window 0.7143 high has stalled into a multi-day range between 0.6865 and 0.6930, coiled around 0.6900. Price is basing above a flattening EMA20 with RSI recovering toward neutral, showing momentum has eased rather than reversed after the June slide. ATR compression through this range points to a breakout pending, with USD softness the immediate driver behind the stabilisation.

Support: 0.6865, 0.6835

Resistance: 0.6930, 0.6980

What it said to watch

  • H4 close above 0.6930 opens the path toward the 0.6980 band top
  • Decisive break below 0.6865 shifts focus to 0.6835 breakpoint
  • US NFP is the decisive catalyst — a firm print could break the range lower

21:04 UTC

Downtrend, momentum stabilising · RSI 54 · price 0.69194

Consolidation near 0.6900 after June slide.

AUDUSD has trended lower from the 0.7133 area through the window, but the last two weeks have flattened into a tight consolidation around 0.6900 after the trade-balance miss and firm USD. ATR(14) has compressed sharply, with the latest bars nudging up toward the 0.6943 swing high while the 0.6930 rebound cap has repeatedly checked recovery attempts. Downside structure stays defined by the 0.6883 swing low and the 0.6865 3-month low.

Support: 0.6883, 0.6865

Resistance: 0.6930, 0.6943, 0.6980

What it said to watch

  • H4 close above 0.6930 rebound cap opens the path toward the 0.6980 band top
  • Loss of the 0.6865 3-mo low shifts focus to 0.6835
  • US NFP is the decisive catalyst capable of breaking this range

17:03 UTC

Downtrend, basing near 200-day · RSI 56 · price 0.69286

Lower highs into a flat base at 0.6900.

Downtrend off the 0.714 area remains the dominant structure, but price has spent the past two weeks basing along the 200-day EMA near 0.6900, with matched lows around 0.6865. The last two bars pushed higher toward the 0.6935 rebound cap as USD softened into the NFP read. ATR has compressed through the base, leaving the pair coiled at the 0.6900 pivot.

Support: 0.6865, 0.6835

Resistance: 0.6935, 0.6980

What it said to watch

  • H4 close above 0.6935 opens path toward the 0.6980 range top
  • loss of 0.6865 confirms a lower low toward 0.6835
  • US NFP is the dominant near-term catalyst and could break this base either way

17:03 UTC

Downtrend, momentum stalling into a base · RSI 53 · price 0.69286

Multi-week decline basing above 0.6865.

AUDUSD extended a near-4% June slide from the 0.7200 area and has spent the last week basing on its 200-day EMA near 0.6900, carving out a rounded bottom above the 0.6865 three-month low. A softer US jobs read has eased dollar pressure and helped the last bar push toward the 0.6935 rebound cap, though price still trades below the H4 EMA50 near 0.6943. ATR(14) has compressed against the flat base, and the pair remains coiled in the 0.6865-0.6980 band.

Support: 0.6865, 0.68649, 0.6835

Resistance: 0.6935, 0.6943, 0.6980

What it said to watch

  • H4 close above 0.6935 opens the path toward the 0.6980 range top
  • Failure to hold 0.6865 confirms a lower-low and exposes 0.6835
  • US ISM Services (Mon) and FOMC minutes (Wed) are the dominant near-term catalysts
  • Australia Services/Composite PMI tonight could shift the read

13:03 UTC

Downtrend, momentum flattening · RSI 46 · price 0.68872

Consolidating near range base after June slide.

AUDUSD remains in the broader downtrend that shed roughly 4% through June, but price has stalled and is coiling around the 200-day EMA near 0.6900 with ATR(14) compressing into the low-20s of pips. The market is holding a tight 0.6865-0.6930 range, with demand repeatedly stepping in around the 0.6865 base and supply capping rallies below 0.6930. Local softness (trade miss, doubted RBA hike) keeps the tone heavy while price trades as a USD/China proxy.

Support: 0.6865, 0.6835

Resistance: 0.6930, 0.6980

What it said to watch

  • H4 close below 0.6865 confirms a lower low and opens 0.6835 then 0.6707
  • H4 close above 0.6930 breaks the consolidation range toward 0.6980
  • US NFP / US data is the dominant near-term catalyst and could reprice this read

13:03 UTC

Downtrend, now consolidating · RSI 47 · price 0.68872

Range-bound near 200-day EMA after June slide.

AUDUSD sold off ~4% from the early-June 0.7145 high and has spent the last two weeks coiling around the 0.6900 200-day EMA, carving a tight 0.6865-0.6930 range. ATR(14) compression and price pinned to a flattening EMA20/EMA50 reflect low-conviction, USD-driven trade after the soft US payrolls read cushioned the dollar. Demand has stepped in twice near the 0.6865 base while supply caps rallies into 0.6930.

Support: 0.6865, 0.6835, 0.6707

Resistance: 0.6930

What it said to watch

  • H4 close below 0.6865 base confirms a lower-low and opens the 0.6835 breakdown toward 0.6707
  • H4 close above 0.6930 cap negates the range-bound read
  • US Nonfarm Payrolls is the dominant near-term catalyst and could break this coil

09:03 UTC

Downtrend, momentum stalling · RSI 46 · price 0.69005

Coiling above 3-month low after multi-day slide.

AUDUSD has trended lower from 0.7148 into a tight coil pinned to the 200-day EMA near 0.6900, holding just above the 0.6865 3-month low. ATR(14) has compressed sharply as ranges tightened, with price capped by a series of lower highs beneath the 0.6935 range cap. Two-way risk sits with US NFP later today, the dominant near-term USD driver.

Support: 0.6900, 0.6865, 0.6835

Resistance: 0.6935

What it said to watch

  • US NFP later today could materially shift this read via the USD
  • A break of 0.6835 break trigger opens the path toward 0.6707
  • H4 close above 0.6935 range cap invalidates the coil read

09:03 UTC

Downtrend, momentum flattening · RSI 49 · price 0.69005

Lower highs/lows, basing near 0.6900.

A multi-week downtrend from 0.7148 printed a steady chain of lower highs and lower lows before stalling on the 200-day EMA near 0.6900. A base has formed around 0.6865 with a double-bottom look, and ATR(14) has compressed sharply from the impulsive selloff, leaving the pair coiled in a 0.6865-0.6935 range. Price sits back above the EMA20 but capped by the descending EMA50.

Support: 0.6865, 0.6835

Resistance: 0.6935, 0.6980

What it said to watch

  • US NFP today (f/c ~85-110K) is the dominant driver and could break this coil
  • H4 close below 0.6835 confirms the downtrend extension toward 0.6707
  • H4 close above 0.6935 range cap negates the basing read and opens 0.6980

05:02 UTC

Downtrend, momentum slowing · RSI 47 · price 0.68931

Consolidation above 3-month low.

AUDUSD sold off from the early-June 0.7148 area into a three-month low near 0.6865, and has since gone sideways between that floor and the 0.6940 cap. Price is pinned below both EMAs with ATR(14) compressing into the low-0.20s, while a dire trade-balance miss (-3018M) has kept the Aussie offered. The consolidation sits just above the 0.6865 pivot, with the 0.69293 range high the near-term ceiling.

Support: 0.6865, 0.6835

Resistance: 0.6940, 0.69293

What it said to watch

  • Clean break below 0.6865 3-month low opens 0.6835 then 0.6707
  • H4 close above 0.6940 cap negates the near-term downside read
  • US NFP today 12:30 UTC is the dominant driver and could reset this range

01:02 UTC

Downtrend, momentum flattening · RSI 46 · price 0.68878

Lower highs, lower lows; consolidating above 3-mo low.

AUDUSD has carved a clean series of lower highs and lower lows since mid-June, sliding from the 0.708 area to a 3-month low near 0.6865 as a firming USD kept the Aussie pinned. Price is now consolidating just below the 0.6900 psych level, with ATR(14) easing off its downleg peak — compression against the 0.6865 floor. EMA20 and EMA50 both cap from above, keeping the broader structure heavy.

Support: 0.6865, 0.6835

Resistance: 0.6900, 0.6929, 0.6940

What it said to watch

  • Break below 0.6865 3-mo low opens 0.6835, then 0.6707
  • Close above 0.6940 cap negates the downside structure
  • US Nonfarm Payrolls in ~12h is the dominant near-term catalyst via USD

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