AUD/USD AI Live Scan, 4-hour chart, Monday, 2 November 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.
22:04 UTC
Rolling over, lower highs since 0.7068 · RSI 39 · price 0.70004
Range floor broken, testing 0.7000 handle.
The rally from the 0.6970 window low gave way to a week-long range between roughly 0.7013 and 0.7043. The pop to the 0.7068 swing high after the hot AU CPI beat and the Fed decision was a false break back into that range, and every high since has been lower. Monday's slide took out the 0.7013 range floor, putting price on the 0.7000 handle just above the 0.6994 prior low, which also sits below the 61.8% retracement of the rally. ATR(14) near 19 pips points to a contained regime heading into the RBA decision.
Support: 0.69936, 0.69704
Resistance: 0.70132, 0.70427
What it said to watch
RBA decision Tue 03:30 UTC and Bullock's press conference at 04:30 UTC could materially shift this read; a dovish or 'near-peak' hike leans on the 0.7000 handle
H4 close back above the 0.7013 range floor would neutralise the range break
Failure to hold the 0.6994 prior low exposes the 0.6970 window low and the base of the rally fib
A recovery through the lower-highs trendline and the 0.7043 range top would bring the 0.7068 swing high back into focus
US midterm results overnight into Wed add two-way USD risk
Lower highs compressing onto 0.7013 range floor; dip to 0.6999 reclaimed.
The hot September CPI print carried AUDUSD to a 0.7068 swing high. That excursion faded, and price has since printed a run of lower highs from the 0.7043 lower high downward, pressing onto the 0.7013 range floor. Monday's dip to a 0.6999 swing low was reclaimed on the latest close, a tentative false break, with price below both EMA20 and EMA50, RSI near 42 and ATR(14) contained around 19 pips into the RBA decision.
Support: 0.7013, 0.6999, 0.6969
Resistance: 0.7043, 0.7068
What it said to watch
H4 close back below the 0.6999 swing low negates the false break and exposes the 0.6969 window low
Close above the 0.7043 lower high, near the 61.8% of the drop fib, breaks the lower-high sequence; 0.7068 swing high next
Holding above the 0.7013 range floor keeps the multi-day range intact
RBA decision Tue 03:30 UTC (hike to 4.85% priced): the guidance on further tightening versus a near-peak could materially shift this read
US midterm results overnight Tue add USD-side event risk to the 0.7000 handle
14:03 UTC
Rally stalled, rolling over below range floor · RSI 38 · price 0.70047
Lower highs since 0.7068 peak; range floor at 0.7013 giving way.
The advance from the 0.6969 window low topped at the 0.7068 swing high after the hot Australian CPI print. Since then the pair has carved lower highs inside a 0.7013-0.7043 range, and the latest bar has closed below the range floor and the 61.8% retracement. EMA20 has slipped under EMA50 with price below both, while ATR(14) near 18 pips shows a steady rather than compressed regime. AUD sits heavy into the RBA on 'dovish hike' risk.
Support: 0.7000, 0.6994, 0.6969
Resistance: 0.7013, 0.7043, 0.7068
What it said to watch
Sustained H4 closes below the 0.7000 psych handle expose the 0.6994 swing low and then the 0.6969 window low
A recovery back above the 0.7013 range floor would mark the break as a false break and return price to the range
Closes above the range top at 0.7043 and the lower-high trendline would undo the rollover read toward the 0.7068 swing high
RBA decision and Bullock press conference Tue 03:30/04:30 UTC: guidance tone could materially shift this read
US ISM Manufacturing today 15:00 UTC and Tuesday midterms are two-way USD risk for the 0.7000 handle
0.7013-0.7040 range; false break to 0.7068 reversed, lower highs since.
After the rally from 0.6961, AUDUSD has spent two weeks inside a 0.7013-0.7040 range. The hot-CPI push to the 0.7068 week high was a false break that reversed back inside, leaving a run of lower highs. Price now sits at 0.7019 below both EMA20 and EMA50, which have flattened, and is testing the range low that also lines up with the 50% retracement of the rally. ATR(14) near 17-18 pips is compressed and the USD bid has kept the pair heavy into the RBA, with the 0.7000 psych level just underneath.
Support: 0.7013, 0.7000, 0.6994
Resistance: 0.7040, 0.7068
What it said to watch
RBA decision Tue 03:30 UTC (hike ~80% priced) with guidance on further hikes could break the range either way
US ISM Manufacturing today 15:00 UTC and the US midterms add USD-driven event risk
An H4 close below the 0.7013 range low and the 0.7000 psych level would expose the 0.6994 swing low and confirm a range break lower
A close back above the 0.7040 range top would break the lower-high trendline and reopen the 0.7068 week high