Lower highs from 0.7022, lows holding the 0.7000 area.
The Asia-London rally from 0.6954 ran to a 0.7022 day high on the post-midterm USD selloff. NY then ranged 0.7001–0.7020 with descending highs, capped at a 0.7018 ny high. Early Asia has price at 0.7005, holding the 0.7000 psych after a 0.6999 rollover low but below the 0.7010 ny shelf and EMA20, with RSI(14) neutral at 48.
Support: 0.7000, 0.69855
Resistance: 0.7010, 0.70182, 0.70216
What it said to watch
AU Trade Balance at 00:30 UTC (f/c 1200M) in ~45 min could materially shift this read
M15 close below the 0.7000 psych breaks the 38.2% fib of the Asia-London rally and exposes the asian high at 0.6986
Failure to reclaim the 0.7010 ny shelf keeps the lower-high sequence intact
Break of the descending highs line and the 0.7018 ny high reopens the 0.7022 day high
23:31 UTC
Range after rally, drifting lower · RSI 35 · price 0.70028
Post-London range 0.7000–0.7022 with lower highs since NY; price pressing range floor.
The USD-driven rally off the 0.6954 asian low, after the US blue sweep, capped at the 0.7022 day high during London. Since then price has held a 0.7000–0.7022 range, with lower highs off the 0.7018 ny high under a falling trendline. Price is now sitting on the 0.6999 swing low in thin post-rollover trade, near the 23.6% fib of the rally.
Support: 0.6999, 0.6954
Resistance: 0.7018, 0.7022
What it said to watch
Australia Trade Balance at 00:30 UTC (f/c 1200M) could break the range either way
M15 close below the 0.6999 swing low and 0.7000 psych exposes the 38.2% fib near 0.6996 and the move back toward the 0.6954 asian low
Close above the falling trendline and the 0.7018 ny high puts the 0.7022 day high back in play
23:16 UTC
Sideways after London rally, drifting lower · RSI 47 · price 0.70039
Lower highs inside a 0.7001–0.7022 range; 0.7000 reclaimed in early Asia.
The post-RBA leg ran from 0.6954 to the 0.7022 London high as USD sold off on the US blue sweep. NY then capped price with a lower high at 0.7018, and the late session drifted down from a ny shelf near 0.7009. In early Asia a thin rollover gap dipped to 0.6999 before price reclaimed the 0.7000 round number, sitting between the 23.6% and 38.2% retracement with RSI(14) neutral near 47.
Support: 0.7000, 0.69915
Resistance: 0.7009, 0.70182, 0.70216
What it said to watch
Australia Trade Balance at 00:30 UTC (f/c 1200M), in ~75 min, could materially shift this read
An M15 close above the ny shelf at 0.7009 reopens the lower high at 0.7018 and the london high at 0.7022
Sustained trade below the 0.7000 round number exposes the 38.2% retracement near 0.6996 and the swing low at 0.6992
A break above the lower highs trendline would end the NY-session pattern of supply capping each rally
Post-London range 0.7001–0.7022 with lower highs, now probing range base.
London broke the 0.70 handle on broad USD weakness after the midterms and topped at the 0.7022 session high. NY then held a range below a double top, printing a 0.7018 lower high. Early Asia has slipped under the 0.7005 ny floor and tagged a 0.6999 asian low near the 23.6% fib of the London rally, with RSI(14) near 37 and ATR compressed to under 3 pips.
Support: 0.69991, 0.69956, 0.69855
Resistance: 0.7005, 0.70182, 0.70216
What it said to watch
Australia Trade Balance at 00:30 UTC (f/c 1,200M) could materially shift this read
Failure to hold the 0.6999 asian low exposes the 38.2% fib at 0.6996 and the 0.6986 breakout pt
Reclaim of the 0.7005 ny floor returns price to the range and eases the lower-high pressure
M15 close above the lower-high trendline and the 0.7022 session high invalidates the double top read
22:46 UTC
Intraday range after London rally, fading late · RSI 23 · price 0.70021
0.7001–0.7022 range since London, price pressing range floor.
London broke the Asian high at 0.69855 on post-midterm USD weakness and peaked at the 0.70216 London high. NY then held a 0.7001–0.7020 range. A thin post-NY drift has price back on the 0.70012 NY low and the 0.70 round number, with RSI(14) near 23 and ATR compressed to about 2 pips.
Support: 0.70012, 0.7000, 0.69855
Resistance: 0.70112, 0.70216
What it said to watch
M15 close below the 0.70012 NY low and the 0.70 round number breaks the range floor and exposes the Asian high at 0.69855, near the 38.2% fib
Recovery above the 0.70112 late NY high shifts the read back to mid-range, toward the 0.70216 London high
Australia Trade Balance at 00:30 UTC (f/c 1,200M) could break the low-volatility drift
Lower highs since London high, compressing above 0.70.
The Asia-London rally from 0.69536 cleared the 0.70 handle on broad post-midterm USD weakness and topped at the 0.70216 London high. NY then printed lower highs at 0.70202 and 0.70182, and price has bled back toward the 0.70012 NY low in thin post-rollover trade. RSI(14) is near 36 and ATR is under 3 pips, with the Asian high at 0.69985 the next reference below.
Support: 0.70012, 0.69985
Resistance: 0.70112, 0.70182, 0.70216
What it said to watch
Australia Trade Balance at 00:30 UTC (f/c 1,200M) is the next catalyst for this compressed range
Failure to hold the 0.70012 NY low and the 0.70 psych handle exposes the 0.69985 Asian high and the 38.2% of the Asia-London rally
Close back above the 0.70112 late NY top eases the lower-high sequence; 0.70182 lower high and 0.70216 London high cap above
0.7001–0.7022 range after London rally; lower highs into NY close.
Broad post-midterm USD weakness carried AUD 68 pips off the 0.6954 Asian low to a 0.7022 day high during London, then NY ranged 0.7001–0.7022 with lower highs at 0.7018 (ny high) and 0.7011. Thin post-NY trade has price below EMA20/50 and under the 23.6% fib of that rally, sitting just above the 0.7001 NY low and the 0.70 round number.
Support: 0.70012, 0.69937
Resistance: 0.70112, 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low and 0.70 round number breaks the range floor, exposing the 0.6994 swing low (38.2% fib zone)
Recovery above the 0.7011 lower high reopens the 0.7018 NY high and 0.7022 day high
Australia Trade Balance at 00:30 UTC (f/c 1,200M) could materially shift this read in the Asia session
22:04 UTC
Range after rally, drifting lower into late NY · RSI 37 · price 0.70056
0.7001–0.7022 range with lower highs, price near range floor.
AUDUSD's Asian-low rally ran 68 pips off 0.6954 on post-midterm USD weakness, clearing 0.7000 at London open to a 0.7022 day high. Since then it has held a 0.7001–0.7022 range with lower highs at 0.7020 and 0.7018. Thin late-NY drift has it back near the 0.7001 swing low, about the 23.6% retrace of the rally.
Support: 0.70012, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 swing low and 0.7000 breaks the range floor, exposing the 0.6986 asian high
Close above the 0.7018 lower high voids the lower-highs read and reopens the 0.7022 day high
Australia Trade Balance at 00:30 UTC (~2.5h) could materially shift this read
0.7001–0.7022 range above the Asian high, lower highs since London.
London broke the Asian high at 0.6986 and cleared the 0.7000 round number on USD selling after the midterms, topping at the 0.7022 day high. NY held the 0.7001 NY low and bounced, but a lower high at 0.7018 has pulled price back to 0.7006 in thin post-NY trade. Price sits below both EMAs with RSI(14) near 36.
Support: 0.7001, 0.7000, 0.6986
Resistance: 0.7018, 0.7022
What it said to watch
M15 close below the 0.7000 round number reopens the 0.6986 asian high and the 38.2% fib near 0.6996
Close above the 0.7018 lower high breaks the descending trendline and retests the 0.7022 day high
AU Trade Balance at 00:30 UTC (f/c A$1.2B) could materially shift this read
0.7001–0.7022 range since London, lower highs into late NY.
Broad USD weakness after the midterm result lifted AUDUSD from the 0.6954 Asia low through the 0.7000 round number to a 0.7022 day high in London. Since then it has held a 0.7001–0.7022 range, and the 0.7018 NY high marked a lower high under the 0.7022 top. Price is compressing near 0.7006 above the 0.7005 ny pm low in thin post-NY trade, sitting on the 23.6% fib with RSI(14) at 37 and price below both EMAs.
Support: 0.70047, 0.70012, 0.7000
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 swing low and 0.7000 round number breaks the range floor and opens the 38.2% fib near 0.6996
Recovery above the 0.7018 ny high clears the lower-highs line; the 0.7022 day high is the range top
Australia Trade Balance at 00:30 UTC (~3h, f/c A$1.2B) could break the late-session compression
Lower highs below 0.7022, compressing above the 0.7001–0.7005 base.
A USD-led rally after the US midterms lifted AUDUSD from the 0.6954 Asia low through the Asian high and the 0.7000 handle, topping at the 0.7022 day high in London. NY then printed lower highs, the ny high at 0.7018 sat on the lower-highs line, while the ny low at 0.7001 held just above 0.7000. Late NY is compressing 0.7006–0.7011, between the 0.7005 swing low and the 0.7011 swing high, below EMA20/50 with RSI(14) near 42 and the pullback still shallow within the Asia-London rally.
Support: 0.70047, 0.70012, 0.69801
Resistance: 0.70112, 0.70182, 0.70216
What it said to watch
M15 close below the ny low at 0.7001 loses the 0.7000 handle and exposes the asian high at 0.6980
Failure to hold the swing low at 0.7005 confirms a lower-low within the late-NY compression
Close above the swing high at 0.7011 and the lower-highs line near the 0.7018 ny high reopens the 0.7022 day high
Australia Trade Balance (f/c A$1.2B) at 00:30 UTC could break the current compression
Asia-London leg 0.6954→0.7022, then a 0.7001–0.7022 range with lower highs.
A USD-led rally after the midterms carried price 68 pips from the 0.6954 Asian low to the 0.7022 London high. Since then a range has held above the 0.7000 psych handle, with lower highs at 0.7020 and the 0.7018 NY high. Late NY is compressing near 0.7008, around the 23.6% retrace of the Asia-London leg, just above the 0.7005 swing low.
Support: 0.70047, 0.7000, 0.69801
Resistance: 0.70112, 0.70182, 0.70216
What it said to watch
M15 close below the 0.7005 swing low and the 0.7000 psych handle breaks the post-London range and exposes the 0.6980 asian high
Close above the 0.7011 lower high and then the 0.7018 ny high breaks the lower-highs sequence back toward the 0.7022 london high
Australia Trade Balance Thu 00:30 UTC (f/c A$1.2B) is the next catalyst out of the current compression
Post-rally range 0.7001–0.7022, lower highs since London.
London cleared the Asian high and 0.7000 on broad USD weakness after the midterm result, peaking at the 0.7022 london high. NY has compressed into a 0.7001–0.7022 range with a lower high at 0.7018, and late-session drift has price pinned near 0.7008 just under EMA20 with RSI(14) near 41.
Support: 0.70047, 0.70012, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
M15 close above the 0.7018 lower high reopens the 0.7022 london high
Loss of the 0.7005 late low and the 0.7001 ny low puts price back under 0.7000
A move back through the 0.6986 asian high would erase most of the London rally
AU Trade Balance Thu 00:30 UTC (f/c A$1.2B) can break this quiet late-NY range
Range 0.7001–0.7022 with lower highs since London.
The Asia-London rally from 0.6954 stalled at the 0.7022 London high on post-midterm USD softness. NY then printed lower highs at 0.7020 and 0.7018 while holding the 0.7001 NY low above the 0.7000 handle. Late NY has compressed into a 4-pip band just above the 0.7005 swing low, below EMA20, with RSI(14) near 40.
Support: 0.70047, 0.70012
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 ny low breaks the range floor and opens the 0.6996 38.2% level of the rally fib
Close above the 0.7018 lower high voids the lower-highs read, with the 0.7022 london high next
Australia Trade Balance (Thu 00:30 UTC, f/c A$1.2B) could break the late-NY compression
Tightening range 0.7001–0.7022 above the 0.7000 handle.
London cleared the asian high at 0.6986 and the 0.7000 psych level as the USD sold off on the Democratic midterm sweep, topping at the 0.7022 session high. NY has since printed lower highs into 0.7018, with buyers absorbing dips at the 0.7004 ny low. Price is now drifting near 0.7008 in thin late-NY trade, below both EMAs, with RSI(14) around 44.
Support: 0.70045, 0.7000, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
A close back above the 0.7018 lower high and the descending line opens a retest of the 0.7022 session high
Failure at the 0.7004 ny low and the 0.7000 psych level puts the asian high near 0.6986 and the 38.2% fib in play
Australia Trade Balance at Thu 00:30 UTC (f/c A$1.2B) is the next catalyst that could break the range
20:02 UTC
Sideways after London rally, drifting lower · RSI 45 · price 0.70085
0.7001–0.7022 range since mid-London, lower highs into late NY.
London open carried AUD/USD from the 0.6954 Asian low through the 0.7000 psych handle to a 0.70216 session high, as the post-midterm USD selloff extended. NY has since held a 0.7001–0.7022 range, with rejection near 0.7020 and a 0.70182 lower high, and price is drifting toward the 0.7005 late low with RSI(14) near 45 below both EMAs.
Support: 0.70047, 0.70012, 0.7000
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low breaks the range and puts the 0.7000 psych handle in play
Close above the 0.70182 lower high and the 0.70216 session high would invalidate the drift-lower read
Hold of the 0.7005 late low keeps the range intact through the Asia session
Australia Trade Balance (f/c A$1.2B) at 00:30 UTC could break the range either way
19:46 UTC
Sideways after London rally, NY drifting lower · RSI 46 · price 0.70072
Post-rally range 0.7001–0.7022 with lower highs.
London lifted AUDUSD 68 pips from the 0.6954 Asian low to a 0.7022 session high on broad post-midterm USD weakness. NY has capped it with lower highs at 0.7020 and 0.7018, and price now sits near the 0.7005 swing low, under both EMAs and just above the 0.7001 NY low at the 0.7000 handle.
Support: 0.70047, 0.70012
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low and the 0.7000 handle breaks the NY range floor
Holding the 0.7005 swing low keeps the range intact
A close above the 0.7018 lower high and the 0.7022 session high breaks the lower-highs sequence
Australia Trade Balance at 00:30 UTC (f/c A$1.2B) could shift this read in the Asia session
0.7001–0.7022 range below London high, lower highs forming.
Broad USD weakness after the US midterms drove a 68-pip climb from the 0.6954 Asian low through 0.7000 to the 0.7022 London high. Since then the NY session has held a 0.7001–0.7022 range, with rejection at 0.7020 and a lower high at 0.7018. Late NY, price is drifting just above the fib 23.6 at 0.7006 and below both EMAs, with RSI(14) neutral near 47 and ATR around 4 pips.
Support: 0.70056, 0.70012, 0.69956
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 ny low breaks the post-London range and exposes the fib 38.2 at 0.6996
Close above the 0.7018 lower high and the 0.7022 london high would resume the higher-high sequence
Australia Trade Balance (Thu 00:30 UTC) is the next scheduled catalyst and could shift this read
19:16 UTC
Range after London rally, highs flattening · RSI 46 · price 0.70092
0.7005–0.7022 range through NY, lower highs.
A USD-led rally off the 0.6954 low cleared the Asian high at 0.6986 and the 0.7000 round number in London, topping at the 0.7022 London high. NY has since ranged between the 0.7005 swing low and a lower high at 0.7018. Price is late in the session, sitting near the 23.6% retracement of the rally, with RSI(14) neutral at 46.
Support: 0.70047, 0.7000, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7005 swing low and the 0.7000 round number opens a deeper retracement toward the 0.6986 Asian high
Close above the 0.7018 lower high and the 0.7022 London high breaks the lower-highs line and resumes the rally
Australia Trade Balance at 00:30 UTC (f/c A$1.2B) could materially shift this read
Lower highs inside 0.7001–0.7022 range since London high.
Post-midterm USD selling carried AUDUSD from the 0.6954 Asian low through 0.7000 to a 0.7022 london high. Late-NY trade has since printed lower highs at 0.7020 and 0.7018 (ny high) inside a 0.7001–0.7022 range. Price is now drifting back toward the 0.7000 psych and the 0.7001 ny low, below both EMAs, with RSI(14) near 45 and holding above the 23.6% retracement of the rally.
Support: 0.7001, 0.7000, 0.6980
Resistance: 0.7018, 0.7022
What it said to watch
M15 close below the 0.7001 ny low and 0.7000 psych breaks the range floor and opens the 38.2% fib near 0.6996, then the 0.6980 asian high
Reclaim of the 0.7018 ny high puts the 0.7022 london high back in play
Australia Trade Balance Thu 00:30 UTC (~5.5h, f/c A$1.2B) could materially shift this read during the Asia session
0.7001–0.7022 range after London breakout, lower highs forming.
London broke above the Asian high at 0.6986 and cleared 0.7000 on post-midterm USD selling, printing the session high at 0.7022. Since then price has held a 0.7001–0.7022 range with a lower-high sequence (0.7022, 0.7020, 0.7018 lower high). Late NY it is slipping back under EMA20 with RSI near 48, while the swing low at 0.7005 and the NY low at 0.7001 hold below.
Support: 0.7005, 0.70012, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low and the 0.7000 handle breaks the range and opens the asian high at 0.6986
Close above the 0.7022 session high invalidates the lower-highs read
Australia Trade Balance at 00:30 UTC (~6h) could materially shift this read
US Jobless Claims and Fed Hammack Thu 13:30–13:50 UTC are the next USD catalysts
London breakout above Asian range, NY rotating in 0.7001–0.7022 range with marginally lower highs.
The London rally from the 0.6954 Asia-session low broke the Asian high and the 0.7000 psych level as USD sold off after the midterms, setting the day high at 0.7022 at 10:15 UTC. Late in the NY session, price is rotating between the 0.7001 NY low and the 0.7018 lower high, with RSI(14) neutral near 46 and price just under EMA20.
Support: 0.70012, 0.7000, 0.69855
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low and 0.7000 psych breaks the range floor and exposes the asian high near 0.6986 / 38.2% of the London rally
M15 close above the 0.7018 lower high and the 0.7022 day high would resume the London uptrend
AU Trade Balance Thu 00:30 UTC (~6h, f/c A$1.2B) could set the direction of the next Asia range
0.7001–0.7022 range after the Asia-London rally, highs stepping lower.
The late-Asia rally off 0.6954 carried through London to a 0.7022 session high on broad USD weakness after the midterms, then rotated into a 0.7001–0.7022 range. The NY dip took out the 0.7005 swing low and found buyers at the 0.7001 NY low, holding the 0.7000 handle near the 23.6% retrace. Highs are stepping lower from 0.7022 to 0.7020 to the 0.7018 lower high, with RSI(14) flat near 48 after London close.
Support: 0.7005, 0.70012
Resistance: 0.70182, 0.70216
What it said to watch
M15 close below the 0.7001 NY low breaks the 0.7000 handle and exposes the 38.2% retrace near 0.6996
Close above the 0.7018 lower high and 0.7022 session high clears the descending resistance line
Price holding back above the 0.7005 swing low keeps the range intact
Australia Trade Balance at 00:30 UTC (~6h) could materially shift this read
18:03 UTC
Intraday uptrend, now ranging · RSI 49 · price 0.70158
Post-breakout range 0.7001–0.7022, NY lower high.
London broke the Asian high at 0.69855 and ran the Asia-London leg to a 0.70216 session high as USD sold off on the midterm result. Since then price has held a range: the NY high at 0.70202 printed a lower high, and buyers stepped in at the NY low of 0.70012 just above the 0.7000 psych handle. RSI(14) is flat near 49.
Support: 0.70071, 0.70012, 0.69855
Resistance: 0.70202, 0.70216
What it said to watch
Close below the 0.70071 London low exposes the 0.70012 NY low and the 0.7000 psych handle
Failure at 0.7000 opens a return toward the Asian high at 0.69855, the 38.2% of the Asia-London leg sits at 0.6996
Close above the 0.70216 session high ends the range read
Australia Trade Balance Thu 00:30 UTC could break the range during the Asia session
17:46 UTC
Uptrend paused, ranging below day high · RSI 52 · price 0.70167
0.7001–0.7022 range above 0.7000 after Asia-London rally.
USD weakness after the Democratic midterm sweep drove a 68-pip rally off the 0.6954 Asian low through 0.7000 to the 0.7022 day high in London. Since then price has held a 0.7001–0.7022 range: the NY low at 0.7001 retested the 0.7000 psych and held, the London low sits at 0.7007, and the NY high at 0.7020 capped. Late in NY, after London close, price trades near the range top with RSI(14) neutral at 52, and the pullback has stayed well short of the rally fib 38.2.
Support: 0.70071, 0.70012, 0.6996
Resistance: 0.70202, 0.70216
What it said to watch
M15 close above the 0.7022 day high and NY high at 0.7020 breaks the range to the upside
Failure to hold the NY low at 0.7001 and the 0.7000 psych exposes the fib 38.2 at 0.6996
Australia Trade Balance Thu 00:30 UTC (~7h) could shift the Asian session read
US Jobless Claims and Hammack Thu 13:30 UTC are the next USD catalysts
Post-London range 0.7001–0.7022 above the Asian range.
London broke above the Asian range (0.6954–0.6986) on USD weakness after the Democratic midterm sweep, clearing 0.7000 to a 0.7022 session high. Price has since ranged between 0.7001 and 0.7022. The NY low held above the 0.7000 handle, and price sits back in the upper half late in the NY session after London close, with RSI(14) neutral near 53.
Support: 0.7007, 0.7001, 0.6986
Resistance: 0.7022
What it said to watch
M15 close above the 0.7022 session high breaks the post-London range
Loss of the 0.7007 london low and the 0.7001 ny low puts the 0.6986 asian high back in play
Australia Trade Balance Thu 00:30 UTC (f/c A$1.2B) during the Asia session could break the range
London open broke above the 0.6954–0.6986 Asian range as USD sold off on the Democratic midterm sweep, topping at the 0.7022 London high. Price then consolidated for the rest of the day. The NY session swept the 0.7005 swing low to a 0.7001 NY low, held the 0.7000 handle and rebounded toward the 0.7020 NY high, still capped below the London high.
Support: 0.7005, 0.70012, 0.69855
Resistance: 0.70202, 0.70216
What it said to watch
M15 close above the 0.7022 london high breaks the consolidation top and extends the asia-london leg
Failure to hold the 0.7001 ny low and the 0.7000 handle exposes the 38.2% retrace near 0.6996 and the 0.6986 asian high
Repeated failure at the 0.7020 ny high keeps price inside the 0.7001–0.7022 box into the late NY session
Australia Trade Balance Thu 00:30 UTC (~7h away, Asia session) could materially shift this read
0.7001–0.7022 range after London rally, NY lows stepping lower.
London extended the Asia-session rally from 0.6954 through the 0.70 handle to a 0.7022 session high as USD stayed heavy after the midterm result. Price has since ranged 0.7001–0.7022, with supply rejecting the session high twice. NY sold back to test 0.7001 with lows stepping lower, RSI(14) near 45, and the bounce has stalled at the 0.7012 minor high.
Support: 0.7001, 0.6994
Resistance: 0.7012, 0.7022
What it said to watch
An M15 close below the 0.70 handle at 0.7001 breaks the range floor and exposes the 0.6994 swing low near the 38.2% retracement of the rally
A close above the 0.7022 session high clears the double rejection at the range top
The 0.7012 minor high has capped the NY bounce so far
Australia Trade Balance at 00:30 UTC (~7.5h) could materially shift this read
16:47 UTC
Intraday uptrend stalled, ranging below day high · RSI 44 · price 0.70104
0.7001–0.7022 range since London, lower high in NY.
Broad USD weakness after the midterm result drove a steady climb from the 0.6954 Asia low through 0.7000 at London open, topping at the 0.7022 day high. NY printed a lower high at 0.7020 before dipping below the range floor to the 0.7001 ny low, which was bought straight back. The dip held near the 23.6% fib of the Asia-to-high move. RSI(14) is neutral near 44 and price sits just under EMA20.
Support: 0.70012, 0.69915
Resistance: 0.70202, 0.70216
What it said to watch
M15 close below the 0.7001 ny low and 0.7000 handle confirms the double top and exposes the 0.6992 swing low (38.2% fib zone)
Close above the 0.7022 day high, through the 0.7020 lower high, negates the double top read
Australia Trade Balance Thu 00:30 UTC (~8h) could break the range
US Jobless Claims Thu 13:30 UTC add USD event risk
16:31 UTC
Intraday uptrend, now pulling back · RSI 37 · price 0.70045
Lower high at 0.7020, lower low below the London range.
USD selling after the Democratic midterm sweep lifted AUDUSD from the 0.6954 Asian low through 0.7000 to a 0.7022 session high in London. NY has printed a lower high near 0.7020 and slipped below the 0.7007 london low, with the 0.7000 psych level and EMA50 absorbing the dip so far. RSI(14) is near 37 and price is under EMA20.
Support: 0.7000, 0.6996, 0.6986
Resistance: 0.7007, 0.7022
What it said to watch
M15 close below 0.7000 psych exposes the 38.2% fib near 0.6996, then the asia high at 0.6986.
A reclaim of the 0.7007 london low restores the 0.7007–0.7022 range read.
A break above the 0.7022 session high invalidates the lower-high structure.
Australia Trade Balance at 00:30 UTC (~8h) could materially shift this read.
London extended the USD-led rebound from the 0.6954 Asian low through 0.7000 to a 0.7022 session high. A second test at 0.7020 in NY hours was rejected, and the slip through the 0.7007 neckline has printed a lower high at 0.7013 and a fresh low at 0.7004, sitting on the round number with RSI(14) near 42 and price just above EMA50.
Support: 0.7000, 0.69972, 0.69855
Resistance: 0.70127, 0.70216
What it said to watch
M15 close below the 0.7000 round number opens the 0.6997 swing low and the 38.2% rebound fib at 0.6996
Recovery above the 0.7013 lower high weakens the double top read; the session high at 0.7022 caps above that
Deeper pullback would bring the 0.6986 asian high and the 50% rebound fib at 0.6988 into play
Australia Trade Balance Thu 00:30 UTC (~8h, Asia session) could materially shift this read
NY range 0.7005–0.7022 after Asia-London rally; lower high at 0.7020.
AUDUSD climbed about 68 pips from the 0.6954 Asia low, through the 0.7000 psych level, to a 0.7022 London session high as USD sold off after the Democratic midterm sweep. NY saw a rejection at 0.7020 with a lower high, then dipped to the 0.7005 NY low, roughly the 23.6% fib of the rally. Price is now holding mid-range just under the ema20, with RSI(14) neutral near 50.
Support: 0.7005, 0.7000, 0.69855
Resistance: 0.70216
What it said to watch
M15 close below the 0.7005 NY low and the 0.7000 psych level exposes the 0.6986 asian high and the 38.2% fib near 0.6996
M15 close above the 0.7022 session high breaks the NY range and resumes the rally structure
AU Trade Balance (f/c 1200M) Thu 00:30 UTC could materially shift this read; US jobless claims follow Thu 13:30 UTC
15:46 UTC
Intraday uptrend stalled, ranging below the high · RSI 45 · price 0.70096
0.7005–0.7022 range after the Asia-London rally, lower high at 0.7020.
AUDUSD climbed from the 0.6954 Asian low through 0.7000 into London and peaked at the 0.7022 session high as the post-midterm USD selloff extended. Since then price has ranged between 0.7005 and 0.7022. A lower high at 0.7020 printed into the NY open, and the dip around the ISM services release found demand at the 0.7005 ny low, near the 23.6% retracement of the Asia-London rally. RSI(14) is near 45 with price just under EMA20.
Support: 0.7005, 0.7000, 0.69956
Resistance: 0.70202, 0.70216
What it said to watch
M15 close below the 0.7005 ny low and the 0.7000 round number breaks the range floor and exposes the 38.2 fib at 0.6996
Close above the 0.7020 lower high and the 0.7022 session high resumes the Asia-London rally
AU Trade Balance Thu 00:30 UTC (f/c 1200M) in the Asia session could materially shift this read
15:16 UTC
Uptrend, stalling into consolidation · RSI 51 · price 0.70124
Post-breakout range 0.7007–0.7022 above Asian high.
London broke the Asian range high at 0.6986 and the 0.7000 psych level as USD slid after the Democratic midterm sweep, topping at the 0.7022 london high. Since then price has held a 0.7007–0.7022 range above the 23.6% fib of the 0.6954–0.7022 leg. Mid-NY, the session high at 0.7020 stalled just under the London high, and price is slipping back toward the ny low at 0.7011 after the soft ISM services print, RSI(14) neutral near 51.
Support: 0.70108, 0.70071, 0.7000
Resistance: 0.70216
What it said to watch
M15 close below the 0.7007 range low exposes the 0.7000 psych level and the 38.2% fib near 0.6996
Close above the 0.7022 london high resumes the London breakout leg
Loss of the ny low at 0.7011 extends the drift toward the range low into the London close
AU Trade Balance Thu 00:30 UTC (f/c 1200M) could shift the read in the Asia session
15:02 UTC
Uptrend off the Asia low, stalling below 0.7022 · RSI 51 · price 0.70128
Higher-low consolidation under session high since 10:15 UTC.
London took out the Asian range top near 0.6986 and the 0.7000 round number, extending the rebound from 0.6954 to a 0.7022 session high as USD stayed weak after the Democratic sweep. Since then price has held a roughly 15-pip consolidation with rising lows off the 0.7007 pullback low, and the ISM Services bar is now probing those rising lows near 0.7012.
Support: 0.70124, 0.70071, 0.7000
Resistance: 0.70216
What it said to watch
ISM Services (f/c 54.8) landing on the current bar could materially shift this read
M15 close below 0.7012 breaks the rising lows and puts the 0.7007 pullback low in play
Loss of 0.7007 exposes the 0.7000 round number and the 38.2% fib near 0.6996
M15 close above the 0.7022 session high resolves the consolidation to the upside
AU Trade Balance at 00:30 UTC (f/c 1200M) is the next Asia-session catalyst
14:46 UTC
Uptrend, pressing session high · RSI 63 · price 0.7019
Higher-low chain since the Asian low; London high under test at the start of NY.
AUD climbed 68 pips from the 0.6954 Asian low as USD weakness after the Democratic midterm sweep carried it through the Asian range high and the 0.7000 round number in London. The 0.7007 pullback low held. Higher lows at the NY low of 0.7013 now have price back at the 0.7022 session high, with RSI(14) at 63, not stretched.
Support: 0.7013, 0.7007, 0.7000
Resistance: 0.7022
What it said to watch
M15 close above the 0.7022 session high extends the higher-high sequence
Break of the higher-lows line and the 0.7013 ny low turns this into a double test of the high
Close below the 0.7007 pullback low exposes the 0.7000 round number
US ISM Services at 15:00 UTC (f/c 54.8) could materially shift this read
AU Trade Balance at 00:30 UTC (f/c 1200M) is the next AUD risk
Post-breakout consolidation 0.7007–0.7022, higher lows compressing into a lower high.
A 68-pip rally off the 0.6954 Asian low broke the 0.7000 round number at London open as the USD stayed heavy after the Democratic sweep. Since the 0.7022 session high, the pullback held above the 23.6% fib of the rally, and price is compressing between a higher low at 0.7013 and a lower high at 0.7019 into the first hour of NY. RSI(14) is near 66 and ATR is about 4.5 pips.
Support: 0.70127, 0.70071, 0.7000
Resistance: 0.70192, 0.70216
What it said to watch
US S&P Global PMI at 14:45 UTC and ISM Services at 15:00 UTC (f/c 54.8) could materially shift this read
M15 close above the 0.7022 session high resumes the higher-high chain
Loss of the 0.7013 higher low, then the 0.7007 pullback low, opens a retest of the 0.7000 round number
Tight consolidation with higher lows under 0.7022.
USD softness after the Democratic sweep drove a London break of the Asian range high near 0.6986 and through 0.7000 psych, topping at the 0.7022 session high. Since then the pair has compressed into the NY open, with higher lows from the 0.7007 pullback low against a lower high at 0.7019. RSI(14) is neutral near 55, and price sits on EMA20.
Support: 0.70127, 0.70071, 0.7000
Resistance: 0.70192, 0.70216
What it said to watch
US S&P Global PMI (14:45 UTC) and ISM Services (15:00 UTC, f/c 54.8) could materially shift this read
M15 close above the 0.7022 session high resumes the higher-high chain
Break of the higher-lows trendline and the 0.7013 higher low exposes the 0.7007 pullback low, then 0.7000 psych
AU Trade Balance Thu 00:30 UTC is the next AUD-specific risk
14:03 UTC
Uptrend, consolidating under session high · RSI 58 · price 0.70166
Higher low at 0.7007 after rejection at 0.7022; London breakout of the Asian range intact.
London broke the 0.6986 asian high, cleared the 0.7000 round number and ran to a 0.7022 session high. A pullback then held a higher low at the 0.7007 pullback low. Early NY has pressed back toward that high but is capped at 0.7019 so far (ny high), RSI(14) near 58, with USD still soft after the Democratic sweep.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.70192, 0.70216
What it said to watch
M15 close above the 0.7022 session high extends the higher-high chain
Failure to hold the 0.7007 pullback low breaks the intraday higher-low sequence and exposes the 0.7000 round number
Return below the 0.6986 asian high voids the London breakout
US S&P Global PMI at 14:45 UTC and ISM Services at 15:00 UTC could materially shift this read
HH/HL from post-RBA low; flag-like consolidation 0.7007–0.7016 resolving higher.
AUD climbed about 68 pips from the 0.6954 post-RBA low through Asia and London as the USD stayed heavy after the Democratic midterm sweep. The pair cleared the 0.7000 round number and set a 0.7022 session high before consolidating above the 0.7007 swing low. Early NY is pressing back toward the session high after the ADP release, with RSI(14) neutral near 57.
Support: 0.70071, 0.7000
Resistance: 0.70216
What it said to watch
M15 close above the 0.7022 session high extends the HH chain out of the flag
Break below the 0.7007 swing low exposes the 0.7000 round number and turns the flag into a deeper pullback
ISM Services at 15:00 UTC (f/c 54.8) and S&P PMI at 14:45 could materially shift this read
AU Trade Balance Thu 00:30 UTC sets the Asia-session tone
London cleared the asian high at 0.69855 and ran the rally from the 0.69536 Asian low to a 0.70216 session high, with USD still heavy after the Democratic Congress sweep. Since then price has held a tight flag above the 0.70071 swing low, printing higher lows. The early NY high at 0.7018 came during the ADP release with little follow-through.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.7018, 0.70216
What it said to watch
M15 close above the 0.70216 session high resumes the uptrend leg
Break of the 0.70071 swing low and the higher lows line opens the 0.7000 round number and 38.2% fib
Loss of 0.7000 would put the asian high at 0.69855 back in play
ISM Services at 15:00 UTC (f/c 54.8) could materially shift this read
13:16 UTC
Uptrend, pausing below London high · RSI 56 · price 0.70149
Tight range 0.7007–0.7016 under the 0.7022 London high, rising lows.
AUDUSD ran about 68 pips from the 0.6954 Asia low on USD weakness after the Democratic midterm sweep. London broke the 0.6980 asian high and the 0.7000 round number to a 0.7022 london high. Since then price has compressed between the 0.7007 range low and the 0.7016 range top on rising lows into the NY open, with RSI(14) back to neutral near 56.
Support: 0.70071, 0.7000, 0.6980
Resistance: 0.70164, 0.70216
What it said to watch
US ADP (13:15 UTC) and ISM Services (15:00 UTC) could break the range in either direction
Close above the 0.7022 london high resumes the higher-high chain
Break of the 0.7007 range low and the rising lows exposes the 0.7000 round number and the 38.2% retracement of the Asia-London rally near 0.6996
Return below the 0.6980 asian high would negate the London breakout
Asian range break higher, now a tight sideways band under a lower high.
London took out the 0.6980 Asian high and reclaimed the 0.7000 round number. The rally from the 0.6954 Asian low peaked at a 0.7022 session high as USD softness after the Democratic Congress sweep extended the bounce. Since then price has compressed between the 0.7007 pullback low and a 0.7016 lower high, with RSI(14) cooled to around 54 and price sitting on EMA20.
Support: 0.70071, 0.7000, 0.69801
Resistance: 0.70164, 0.70216
What it said to watch
ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read in early NY
M15 close above the 0.7016 lower high and the 0.7022 session high resumes the higher-high chain of the rally
M15 close below the 0.7007 pullback low exposes the 0.7000 round number
Failure to hold 0.7000 puts the 0.6980 Asian high back in play as support
London breakout above Asian range and 0.7000, now a tight consolidation 0.7007–0.7016.
Asia set a 0.6954 low, then London cleared the 0.6986 Asian high and the 0.7000 psych and ran to a 0.7022 session high as USD stayed heavy after the Democratic Congress sweep. Into the NY open price is holding a 0.7007 pullback low under a 0.7016 lower high. RSI(14) has cooled to about 58 and the pullback has retraced only ~20% of the Asia-to-London leg.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.70164, 0.70216
What it said to watch
ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
M15 close above the 0.7022 session high resumes the higher-high chain
Close below the 0.7007 pullback low opens a retest of the 0.7000 psych and the 38.2% fib near 0.6996
Loss of the 0.6986 asian high would turn the London breakout into a false break
HH/HL chain from Asian low; shallow pullback held, now consolidating 0.7007–0.7022.
A 68-pip rally off the 0.6954 Asian low cleared the 0.6980 Asian high and the 0.7000 round number into London, topping at the 0.7022 session high as USD stayed heavy after the Democrats' Congress sweep. The pullback held the 0.7007 pullback low, just above the 23.6% fib of the rally, and price has recovered to 0.7015 with RSI(14) near 60.
Support: 0.70071, 0.7000, 0.69801
Resistance: 0.70216, 0.7050
What it said to watch
ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read during NY hours
M15 close above the 0.7022 session high resumes the HH chain and opens the 0.7050 half figure
Failure to hold the 0.7007 pullback low exposes the 0.7000 round number; a close back below the 0.6980 Asian high undoes the London breakout
Breakout above Asian range and prior high, shallow pullback with lower highs.
Broad USD weakness after the Democrats' Congress sweep lifted the pair from the 0.6954 Asian low through the prior high at 0.6997 and the 0.7000 round number, topping at the 0.7022 session high mid-London. Late London has slipped into a shallow pullback holding the 0.7007 pullback low, with lower highs at 0.7013 and RSI(14) cooling to ~56.
Support: 0.70071, 0.7000, 0.69972
Resistance: 0.70126, 0.70216
What it said to watch
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
Failure to hold the 0.70071 pullback low exposes the 0.7000 round number and the 0.69972 prior high
M15 close above the 0.70126 lower highs reopens the 0.70216 session high
Close below 0.69956 (38.2% fib of the overnight rally) undercuts the breakout read
HH/HL chain from Asian low, shallow pullback holding above 0.7000.
London broke the Asian high at 0.6986 and cleared the 0.7000 psych level as USD sold off on the Democrats' Congress sweep, running to a 0.7022 session high. The pullback stalled at 0.7007, near the 23.6% fib of the 0.6954–0.7022 leg, so the higher-low sequence holds. RSI(14) has cooled to about 60.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.70216
What it said to watch
M15 close below the 0.7007 pullback low breaks the higher-low sequence and puts the 0.7000 psych level in play
Loss of 0.7000 would open a deeper retrace toward the 38.2% fib and the 0.6986 asian high
A break above the 0.7022 session high resumes the HH/HL leg
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read during NY hours
Higher highs and higher lows off the Asian low; tight consolidation above 0.7000.
AUD/USD climbed about 68 pips off the 0.6954 Asian low as USD stayed soft after the Democratic midterm sweep. It cleared the Asian range high near 0.6980 before London, then broke the prior high at 0.6997 and the 0.7000 psych level. London set a session high at 0.7022 and price has since held a 0.7007 pullback low, with RSI(14) cooling into the high 50s.
Support: 0.70071, 0.7000, 0.69972
Resistance: 0.70216, 0.7050
What it said to watch
M15 close back below the 0.7000 psych level puts the breakout in question and exposes the prior high at 0.6997, near the 38.2% fib
Failure to hold the 0.7007 pullback low would break the higher-low chain from the Asian session
A move through the 0.7022 session high opens the path toward the 0.7050 round number
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
11:31 UTC
Uptrend, pulling back from session high · RSI 59 · price 0.70092
HH/HL chain from 0.6954 Asian low; first pullback after 0.7022 peak.
With USD soft after the midterm sweep, London rallied off the 0.6954 Asian low and broke the asian high at 0.6986, the prior-day 0.6997 high and the 0.7000 psych level. The rally peaked at a 0.7022 session high, and price is now holding a 0.7007 pullback low near the 23.6% fib with RSI(14) cooled to about 59.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.70216, 0.7050
What it said to watch
ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
M15 close back below the 0.7000 psych level, near the 38.2% fib, would hand back the London breakout
Failure to hold the 0.7007 pullback low exposes 0.7000, with the asian high at 0.6986 below that
Close above the 0.7022 session high resumes the HH chain toward the 0.7050 200-dma
HH/HL chain from the Asian low; first lower high printed at 0.7012.
AUDUSD climbed about 68 pips off the 0.6954 Asian low as USD stayed heavy after the Democratic Congress sweep. London broke the asian high at 0.6986 and the 0.7000 psych, reaching a 0.7022 session high. Late London is pulling back, with a lower high at 0.7012 and the pullback low at 0.7007 sitting near the 23.6% of the Asia-London leg, while RSI(14) near 67 has cooled from the highs.
Support: 0.70071, 0.7000, 0.69855
Resistance: 0.70122, 0.70216
What it said to watch
M15 close below the 0.7000 psych breaks the pullback low structure and exposes the asian high at 0.6986, near the 50% of the Asia-London leg
M15 close above the 0.7012 lower high and the 0.7022 session high would resume the HH chain
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read around the NY open
11:02 UTC
Intraday uptrend, first pullback off the high · RSI 64 · price 0.70114
HH/HL chain from Asian low; 09:30 UTC drop broke the rising line.
AUDUSD climbed from the 0.6954 Asian low through yesterday's 0.6997 prior high and the 0.7000 psych level during London, topping at a 0.7022 session high as USD softened on the Democratic Congress sweep. The 09:30 UTC drop to the 0.7009 pullback low snapped the rising line from 06:30 UTC. RSI(14) has cooled to about 64, and price is holding just above EMA20 around 0.7005.
Support: 0.70088, 0.7000, 0.69972
Resistance: 0.70216
What it said to watch
A close below the 0.7009 pullback low breaks the London HL chain and puts the 0.7000 psych / 0.6997 prior high zone on retest, near the 38.2% fib of the asia-london leg.
Reclaiming the 0.7022 session high resumes the asia-london leg.
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read.
Australia Trade Balance on Thu at 00:30 UTC is the next AUD-specific risk.
10:46 UTC
Uptrend, momentum stalling at the session high · RSI 70 · price 0.70108
HH/HL chain from the 0.6954 Asian low, broke above 0.7000; first sharp rejection at 0.7022.
London extended the rally from the 0.6954 Asian low through 0.7000 psych to a 0.7022 session high, carried by USD softness after the Democratic Congress sweep. The 10:30 bar then rejected the session high, closed on its low and slipped under the rising trendline. Price now sits on the 0.7009 breakout pivot with RSI(14) cooling from 74.
Support: 0.70088, 0.7000, 0.69972
Resistance: 0.70216, 0.7050
What it said to watch
M15 close below the 0.7009 breakout pivot and the 0.7000 psych level would leave the breakout as a failed break; yesterday's 0.6997 prior high and the 38.2% fib come next
Recovery back above the rising trendline and a close through the 0.7022 session high resumes the HH chain toward the 0.7050 200-dma
US ADP at 13:15 UTC and ISM Services at 15:00 UTC can reverse the post-election USD drop and materially shift this read
HH/HL chain from the 0.6954 Asian low; Asian range broken higher.
AUDUSD cleared the Asian high at 0.6986 at London open and reclaimed the 0.7000 round number as USD stayed offered after the Democratic Congress sweep, printing a session high at 0.7022. The HH/HL chain holds along the rising trendline, with the pullback low at 0.7004 the nearest higher low and RSI(14) near 77 easing on the latest bar.
Support: 0.70044, 0.7000, 0.69855
Resistance: 0.70216
What it said to watch
M15 close below the 0.7004 pullback low breaks the HH/HL chain and the rising trendline
Failure to hold the 0.7000 round number puts the Asian high at 0.6986 back in play, near the 50% fib of the 0.6954-0.7022 leg
Close above the 0.7022 session high extends the HH chain
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
10:16 UTC
Uptrend, extended into mid-London · RSI 79 · price 0.70186
HH/HL chain from 0.6954 Asian low; above Asian range and prior high.
AUD has rallied about 65 pips off the 0.6954 Asian low as USD stays offered after the Democratic Congress sweep. London broke the asian high at 0.6986, cleared yesterday's prior high at 0.6997 and the 0.7000 psych level, and is printing a fresh session high at 0.7019 with RSI(14) near 79. Pullbacks have held a rising line of higher lows since 06:15 UTC.
Support: 0.7000, 0.69972, 0.69855
Resistance: 0.70187, 0.7050
What it said to watch
ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read; a strong print is the main risk to the USD-offered tone
An M15 close back below 0.7000 psych, then the prior high at 0.6997, would mark a failed breakout
A break of the higher-lows trendline would end the London HH/HL chain; the 38.2% fib at 0.6994 sits just under the prior high
Extension above the session high leaves the 0.7050 round number as the next marked level
10:03 UTC
Uptrend, stretched near session high · RSI 82 · price 0.70148
HH/HL chain off the 0.6954 Asian low; 0.7000 broken and retested.
Mid-London, AUDUSD has run a 62-pip leg off the 0.6954 Asian low. It cleared the 0.6986 Asian high and the 0.7000 psych level at the London open as USD stayed offered after the Democratic sweep, and the 0.7000 retest held at 0.6999. A fresh session high is printing at 0.7016 with RSI(14) near 82, stretched, while the rising trendline and the 0.7004 swing low sit just below.
Support: 0.70044, 0.7000, 0.69855
Resistance: 0.70155, 0.7050
What it said to watch
M15 close back below 0.7000 psych would turn the breakout into a false break
Loss of the rising trendline and the 0.7004 swing low breaks the HH/HL chain
Acceptance above the 0.7016 session high exposes the 0.7050 round number
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
09:46 UTC
Uptrend, stretched · RSI 82 · price 0.70102
Higher-high/higher-low chain from the Asia session low, now above 0.7000.
AUDUSD has climbed about 57 pips from the 0.6954 Asia session low. It cleared the Asian range high and the 0.6997 prior high into London and reclaimed the 0.7000 psych level as USD stays offered after the Democratic sweep of Congress. Higher lows are holding along the rising trendline, with the 0.6992 swing low the latest pivot, and RSI(14) near 82 is stretched.
Support: 0.7000, 0.69972, 0.69915
Resistance: 0.70102, 0.7050
What it said to watch
M15 close back below the 0.7000 psych and the 0.6997 prior high would mark a false break of the handle
Break of the rising trendline and the 0.6992 swing low would end the higher-low chain
Acceptance above the 0.7010 session high opens the 0.7050 round number
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
HH/HL chain from 0.6954 Asia low, London breakout above Asian high.
The 03:45 UTC low at 0.6954 started a steady run of higher lows. London cleared the Asian high at 0.6985 and yesterday's NY prior high at 0.6997, then printed a session high at 0.7006 as the Democratic sweep kept USD offered. RSI(14) sits at 76 and the rising lows are flattening as price holds just above the 0.7000 round number.
Support: 0.7000, 0.69972, 0.69855
Resistance: 0.70061, 0.7050
What it said to watch
M15 close back below the 0.7000 round number and 0.6997 prior high would mark the London push as a false break
Loss of the 0.6985 Asian high (38.2% fib zone) would undo the breakout structure
Break of the rising lows trendline near 0.7002 signals momentum fading
0.7050 200-dma is the next cap if the 0.7006 session high gives way
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read during NY hours
09:02 UTC
Uptrend, extended into London · RSI 76 · price 0.70022
HH/HL chain from Asia low, London broke 0.7000.
Post-midterm risk-on carried AUDUSD 52 pips off the 0.69536 Asia low in a clean HH/HL chain. London open cleared the asian high at 0.69855, yesterday's 0.69972 high and the 0.7000 round number, printing a session high at 0.70061. Price is holding just above 0.7000 with RSI(14) near 76 and the rising trendline from the 0.69774 swing low intact.
Support: 0.7000, 0.69855, 0.69774
Resistance: 0.70061, 0.7050
What it said to watch
M15 close back below the 0.7000 round number and 0.69972 prior high would mark the London break as a false break
Loss of the 0.69855 asian high and the 0.69774 swing low breaks the HL chain
Extension beyond the 0.70061 session high leaves the 0.7050 200-dma cap flagged in the digest as the next reference
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
08:46 UTC
Uptrend, stalling at 0.7000 · RSI 76 · price 0.70015
HH/HL chain from 0.6954 Asia low; London broke Asian high and prior high.
London extended the Asia rebound from the 0.6954 low through the 0.6986 Asian high and yesterday's 0.6997 NY-open prior high on US-midterm risk relief. The move tagged a 0.7002 session high and is now pausing at the 0.7000 round number, with RSI(14) near 76.
Support: 0.6997, 0.6986, 0.6977
Resistance: 0.7002
What it said to watch
M15 close back below the 0.6997 prior high turns the breakout into a false break
A slip back under the 0.6986 Asian high puts price back inside the overnight range
Failure to hold the 0.6977 swing low at the 50% fib breaks the HH/HL chain
Acceptance above the 0.7002 session high extends the London leg
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read during NY hours
08:31 UTC
Uptrend, stalling at 0.7000 · RSI 76 · price 0.69984
Higher-low chain from Asia low, testing round number.
AUD/USD rallied about 48 pips off the 0.6954 Asia low as the USD softened on the Democratic sweep. The move cleared the Asian high and yesterday's 0.6997 prior high, then tagged a 0.7002 session high in early London. Price is now stalling at the 0.7000 round number with the higher-low chain intact; RSI(14) is near 76, hot but not extreme.
Support: 0.69972, 0.69915, 0.69801
Resistance: 0.7000, 0.70016
What it said to watch
M15 close back below the 0.6997 prior high would turn the breakout into a false break
Loss of the 0.6992 swing low and the higher-lows trendline breaks the chain and exposes the 0.6980 Asian high
Sustained closes above the 0.7002 session high extend the rally off the Asia low
US ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read
08:16 UTC
Uptrend, stretched into 0.7000 · RSI 82 · price 0.70007
HH/HL chain off Asian low, prior high cleared.
AUD/USD has climbed about 47 pips off the 0.6954 Asian low on US-midterm risk relief. Early London pushed it through yesterday's 0.6997 prior high to a 0.7001 session high. The HH/HL chain holds along the rally trendline, but RSI(14) near 82 shows the leg is stretched right at the 0.7000 handle.
Support: 0.6997, 0.6990, 0.6977
Resistance: 0.7001, 0.7050
What it said to watch
Failure to hold the 0.6997 prior high on a retest turns the breakout into a false break
M15 close below the 0.6990 london low breaks the rally trendline and the HH/HL chain
Deeper pullback has the 0.6977 fib 50% as the next reference, where it overlaps the 05:45 UTC swing low
Sustained trade above the 0.7001 session high leaves the 0.7050 round number as the next reference
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read during NY hours
HH/HL chain from Asian low; Asian range high broken at London open.
AUDUSD climbed 45 pips off the 0.6954 Asian low on US-midterm risk relief. London open cleared the Asian high at 0.6986, and the run stalled at a 0.6999 session high, a brief poke through the prior high at 0.6997 that closed back below, just shy of the 0.7000 round number. RSI(14) near 78 is stretched, and the swing low at 0.6977 anchors the rising trendline.
Support: 0.69855, 0.69774, 0.69536
Resistance: 0.69972, 0.69985, 0.7000
What it said to watch
M15 close above the 0.7000 round number takes out the prior high and session high, extending the London breakout
Slip back inside the Asian range below the 0.6986 Asian high turns the breakout into a false break
Break of the 0.6977 swing low and rising trendline ends the HH/HL chain; 50% fib sits near 0.6976
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read via USD
Asian low at 0.6954 is the session floor if the rally fully unwinds
07:46 UTC
Uptrend, stretched into resistance · RSI 78 · price 0.69969
HH/HL chain off the 0.6954 Asia low, testing prior high.
Asia session put in the 0.6954 low before a steady HH/HL climb as the Democratic sweep weighed on USD. London open extended through the 0.6986 Asian high and has run straight into the 0.6997 prior high just below the 0.7000 psych, with RSI(14) stretched near 78.
Support: 0.69855, 0.69774, 0.69536
Resistance: 0.69972, 0.7000
What it said to watch
Rejection at the 0.6997 prior high would set up a double top with yesterday's NY high
M15 close above the 0.7000 psych extends the breakout beyond the 24h range
Slip back below the 0.6986 asian high returns price to the Asian range
Loss of the 0.6977 swing low breaks the HL chain; the 0.6954 asia low is next below
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read
07:31 UTC
Intraday uptrend, RSI hot · RSI 75 · price 0.6992
V-shaped recovery from the 0.6954 swing low, HH/HL chain, London open clearing the Asian high.
Asia session printed a fresh swing low at 0.6954 before a steady 40-pip recovery as USD softened on the Democratic sweep. London open pushed through the asian high at 0.6986 and is now pressing yesterday's NY-open prior high at 0.6997, just under the 0.7000 psych level, with RSI(14) near 75: hot but not stretched.
Support: 0.6986, 0.6977, 0.6954
Resistance: 0.6997, 0.7000
What it said to watch
Rejection at the 0.6997 prior high / 0.7000 psych keeps the post-RBA cap intact; acceptance above 0.7000 extends the breakout
An M15 close back below the 0.6986 asian high would mark the London push as a false break
Loss of the 0.6977 higher low breaks the HH/HL chain and the rally line from the swing low
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
V-recovery from Asian low, HH/HL chain into London open.
AUDUSD has recovered from the Asian low at 0.6954 in a clean HH/HL chain and is edging through the Asian high at 0.6986 into London open, with USD still soft after the Democratic sweep. RSI(14) near 69 is warm but not stretched. The prior high at 0.6997 and the 0.7000 round number sit just overhead.
Support: 0.69855, 0.69774, 0.69536
Resistance: 0.69972, 0.7000
What it said to watch
M15 close back below the 0.6986 Asian high turns the London push into a false break
Loss of the 0.6977 swing low breaks the HL chain and exposes the rally fib 50% near 0.6971
Acceptance above the 0.6997 prior high puts the 0.7000 round number in play
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
V-reversal off Asia low, HH/HL chain since 03:45 UTC.
AUDUSD swept the prior lows near 0.6960 to a 0.6954 swing low in the Asia session, then rallied about 33 pips as USD sold off on the Democratic midterm sweep. The move has retraced over 70% of the drop from yesterday's 0.6997 day high and is pressing the 0.6989 prior high ahead of London open, with RSI(14) near 71 and the 0.6977 pullback low marking the latest higher low on the Asia rally line.
Support: 0.6977, 0.6960, 0.6954
Resistance: 0.6989, 0.6997, 0.7000
What it said to watch
M15 close above the 0.6989 prior high exposes the 0.6997 day high and the 0.7000 round number
Break of the 0.6977 pullback low and the Asia rally line ends the HH/HL chain, with the prior lows near 0.6960 next
Day high–swing low retracement near 78.6% at 0.6988 is an area to watch for rejection or break
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read
06:46 UTC
Uptrend off Asian low, RSI near 71 · RSI 71 · price 0.6983
HH/HL chain since 03:45 UTC, testing Asian high.
USD selling after the Democratic sweep of Congress lifted the pair about 32 pips off the 0.6954 Asian low, a clean HH/HL chain that put price back above both EMAs. Late Asia is pressing the 0.6986 Asian high with RSI(14) near 71, and the 0.6977 swing low held on the last dip.
Support: 0.69774, 0.69696, 0.69536
Resistance: 0.69855, 0.69972, 0.7000
What it said to watch
M15 close above the 0.6986 Asian high opens the 0.6997 prior high and 0.7000 psych
Loss of the 0.6977 swing low breaks the HH/HL chain and exposes the 0.6970 fib 50%
London open is under an hour away and may extend or reject the Asian range top
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read
HH/HL chain off Asian low, first lower high below 0.6986.
Asia swept the 0.6960 prior lows to an Asian low of 0.6954, then rebounded about 32 pips to a 0.69855 session high as USD sagged on Democratic midterm gains, clearing the early-Asia 0.6980 high. Ahead of London open price is holding near 0.6980 with a lower high at 0.6982 and RSI(14) cooling from the mid-60s.
Support: 0.69774, 0.69597, 0.69536
Resistance: 0.69855, 0.69972, 0.7000
What it said to watch
M15 close below the 0.6977 pullback low breaks the HL chain and exposes the 38.2% fib near 0.6973
Close above the 0.6986 session high opens the 0.6997 prior high and the 0.7000 round number
Return under the 0.6960 prior lows would put the 0.6954 Asian low back in play
US ADP 13:15 UTC and ISM Services 15:00 UTC could materially shift this read
06:16 UTC
Short-term uptrend off the Asian low · RSI 65 · price 0.6981
Higher-low chain from 0.6954, pushing above the 0.6980 prior pivot.
AUD rallied about 30 pips off the 0.6954 Asian low as USD sold off on the Democratic Congress result. Nine straight higher lows lifted price through the 0.6980 prior pivot before the 0.6986 session high rejected the last full bar. Late Asia session, London open approaching, with yesterday's 0.6997 NY prior high and the 0.7000 round number overhead.
Support: 0.6980, 0.6960, 0.6954
Resistance: 0.6986, 0.6997
What it said to watch
M15 close back below the 0.6980 prior pivot breaks the higher-low chain and brings the 0.6960 prior lows back into focus
Acceptance above the 0.6986 session high and the 0.6997 prior high puts 0.7000 in play
Fib 50% of the asian rally near 0.6970 is the first retracement marker; losing the 0.6954 asian low voids the rebound
US ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read
Late Asia swept below the 0.6960 lows to a 0.6954 session low, then rallied 30 pips in an unbroken HH/HL chain as USD sold off on Democrats taking Congress, clearing the 0.6980 broken high. Price now presses the 0.6984 Asian high with RSI(14) near 68. The 0.6997 prior high from yesterday's NY open and the 0.7000 round number sit overhead.
Support: 0.6980, 0.69687, 0.69536
Resistance: 0.69837, 0.69972, 0.7000
What it said to watch
Holding above the 0.6980 broken high keeps the HH/HL chain intact; a slip back below exposes the fib 50% at 0.6969
M15 close above the 0.6997 prior high puts the 0.7000 round number in play
Break of the 0.6954 session low negates the Asian rebound
London open next, then US ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read
05:47 UTC
Intraday rebound, pressing Asia range top · RSI 65 · price 0.69792
Higher lows off 0.6954 Asia low; testing 0.6980 Asia high for a second time.
The Asia session briefly broke below the 0.6960 swing low to 0.6954 at 03:45 UTC, then reversed. The Asia rebound has since printed eight straight firm closes as USD softened on the Democratic House win. Price is back at the 0.6980 Asia high, which capped the 01:15 UTC push, with RSI(14) at 65 and not stretched.
Support: 0.6972, 0.6960, 0.6954
Resistance: 0.6980, 0.6997, 0.7000
What it said to watch
M15 close above the 0.6980 Asia high opens the 0.6997 prior high and the 0.7000 round number
A second rejection at 0.6980 keeps the Asia range intact. A slip under the ema20 near 0.6972 brings the 50% retracement of the Asia rebound (~0.6967) into view
Loss of the 0.6960 swing low and 0.6954 Asia low resumes the lower-low sequence
US ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read, as could Senate result headlines
05:31 UTC
Intraday rebound, still inside Asian range · RSI 63 · price 0.69753
V-recovery off the session low; higher-low chain pressing the Asian range top.
In the late Asia session, AUD/USD recovered from a false break to a 0.6954 Asian low as USD softened after the Democratic House win. The rebound has retraced about 80% of the Asian drop from 0.6980 and reclaimed the 0.6970 range top, with RSI(14) near 63. Price is still capped below the 0.6980 Asian high.
Support: 0.6970, 0.69536
Resistance: 0.69801, 0.69972
What it said to watch
M15 close above the 0.6980 Asian high breaks the Asian range and puts the 0.6997 prior high and 0.7000 in view
A break of the rally line and loss of the 0.6970 range top returns price to mid-range, with the 0.6954 Asian low next
US ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read
V-rebound off a false break of the Asian lows, now testing the 0.6975 swing high.
Late Asia session dipped to a fresh window low at 0.6954, below the 0.6960 swing low, then reversed. It ran ~22 pips to 0.6975 as USD softened on the Democratic House win, stalling near the 78.6% fib of the 0.6980–0.6954 drop. Price sits just under that swing high, with the 0.6980 Asian high still capping and the 0.6965 pivot underneath.
Support: 0.6965, 0.69599, 0.69536
Resistance: 0.69754, 0.69801, 0.69972
What it said to watch
M15 close above the 0.6980 Asian high breaks the lower-high sequence and opens the path to the 0.6997 prior high
Loss of the rebound support and the 0.6965 pivot puts the 0.6960 swing low and the 0.6954 Asian low back in play
London open in under 3h will test whether the rejection at the 0.6975 swing high holds
US ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read
Asian range 0.6954–0.6980; lower-high chain broken on rebound.
Late Asia: the break of the 0.6960 prior low to a 0.6954 session low failed, and price recovered about 17 pips as early midterm tallies weighed on the USD. That reclaimed the 61.8% retracement of the 0.6980–0.6954 Asian drop, and the pair now sits just under the 0.6973 rebound high, mid-range.
Support: 0.6960, 0.69536
Resistance: 0.69728, 0.69801, 0.69972
What it said to watch
M15 close above the 0.6980 asian high breaks the Asian range and opens the 0.6997 prior high / 0.7000 area
Slip back below the 0.6960 prior low re-exposes the 0.6954 session low
Senate race calls into London, then ADP 13:15 UTC and ISM Services 15:00 UTC, could materially shift this read
Lower highs from NY high; sweep of prior lows then partial rebound.
Lower highs from the 0.6997 NY high to the 0.6980 Asian high keep the intraday downtrend intact. The early-Asia spike on midterm-driven USD softness faded, and late Asia swept the 0.6960 prior low to a 0.6954 session low before rebounding to 0.6966, between the 38.2% and 50% levels of the Asia drop fib and just under the 0.6970 lower high.
Support: 0.6960, 0.69536
Resistance: 0.6970, 0.6980, 0.69972
What it said to watch
M15 close above the 0.6970 lower high breaks the lower-highs chain and puts the 0.6980 asian high back in play
Failure to hold the 0.6960 prior low reopens the 0.6954 session low
London open in ~3h and late US midterm Senate calls could materially shift this read; ADP at 13:15 UTC follows
Lower highs 0.6997/0.6980/0.6970; 0.6960 floor broken in Asia, retest from below.
The USD dip on early midterm tallies lifted AUDUSD to an Asian high of 0.6980, but the pop faded. Late-Asia selling broke the 0.6960 prior floor, defended three times since the London session, and printed a session low at 0.69536. Price is now retesting 0.6960 from below with RSI(14) near 42, and the 0.6970 lower high caps the 61.8% retrace of the Asian move.
Support: 0.69536, 0.6950
Resistance: 0.6960, 0.69701, 0.69801
What it said to watch
M15 close back above the 0.6960 prior floor negates the range break
Rejection at the 0.6970 lower high keeps the lower-high sequence intact
Loss of the 0.69536 session low exposes the 0.6950 round number
Reclaim of the 0.6980 asian high breaks the lower-high chain
London open and Senate race calls could shift this read; US ADP (13:15 UTC) and ISM Services (15:00 UTC) follow in NY
Break below 0.6960 floor after Asian high rejection.
Asia session spiked to the 0.6980 Asian high on early midterm USD softness, then reversed through the 0.6960–0.6962 floor that held through yesterday's London and NY sessions. The 0.6961 2-week low has given way, with a session low of 0.6954 printed around 03:45 UTC. RSI(14) sits near 38 and the 0.6970 swing high marks the latest lower high under the descending lower-highs line from 0.6997.
Support: 0.69536, 0.6950
Resistance: 0.6961, 0.6970, 0.69801
What it said to watch
M15 close back above the 0.6961 2-week low would mark the break as a false break
Rejection below the 0.6970 swing high keeps the lower-highs sequence intact
Hold below the 0.6954 session low exposes the 0.6950 round number
Senate race calls during Asia/London could shift USD sharply and change this read
Lower highs 0.6997/0.6980/0.6970; Asian range floor broken.
Late in the Asia session, AUD/USD broke the floor of the 0.6960–0.6980 Asian range to a 0.69536 session low. The move took out Tuesday's 0.6961 two-week low even with the USD softer on early midterm tallies. Since the 0.6997 NY-open high, lower highs at the 0.6980 Asian high and the 0.6970 lower high keep the falling trendline intact, with RSI(14) at 37 and not yet stretched.
Support: 0.69536, 0.6950
Resistance: 0.6960, 0.6970, 0.6980
What it said to watch
M15 close back above the 0.6960 broken low would flag the break as a false break
Failure to hold the 0.69536 session low extends the lower-low chain toward the 0.6950 round number
Close above the 0.6970 lower high (61.8% retrace of the Asian high to session low leg) breaks the lower-high sequence; trendline from the 0.6997 high sits above near 0.6980
Senate control calls during Asia/London, then ADP (13:15 UTC) and ISM Services (15:00 UTC), could materially shift this read
Asia spiked to the 0.6980 Asian high on the early-midterm USD dip but was rejected straight back to the 0.6960 2-week low. Price is now pinned near 0.6964 under a lower high at 0.6970, with yesterday's NY-open prior high at 0.6997 well overhead.
Support: 0.6960
Resistance: 0.6970, 0.6980, 0.6997
What it said to watch
M15 close below the 0.6960 2-week low breaks the Asian range floor
Close above the 0.6970 lower high and the descending Asian lower-highs line puts the 0.6980 Asian high back in play, then the 0.6997 prior high
Senate calls, ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read
03:31 UTC
Lower highs into a flat base, momentum neutral · RSI 46 · price 0.69636
Descending highs from 0.6997 NY high against a 0.6960 double low; mid-Asia session.
Mid-Asia, AUD/USD sits just above the 0.6960 asia low (tested twice) after rejection at the 0.6980 asia high. The early midterm USD dip failed to lift the pair, and the falling trendline from the 0.6997 ny high plus a 0.6970 lower high (50% of the Asia swing) still cap rebounds. Price is below both EMAs; ATR(14) is about 7 pips.
Support: 0.69595, 0.6950
Resistance: 0.69701, 0.69801, 0.69972
What it said to watch
M15 close below the 0.6960 asia low breaks the double base and exposes the 0.6950 round number
Close above the 0.6970 lower high and the falling trendline reopens the 0.6980 asia high
Senate calls and US ADP (13:15 UTC) / ISM Services (15:00 UTC) could materially shift this read
Reclaim of the 0.6997 ny high invalidates the lower-high sequence
03:16 UTC
Downtrend, lower highs since NY high · RSI 45 · price 0.69631
Lower highs pressing a flat 0.6960 floor in mid-Asia.
Early-Asia USD softness on midterm tallies lifted the pair to the 0.6980 asian high, but it was rejected and sold back to the 0.6960 asian low, just under yesterday's 0.6961 london low. The swings from the 0.6997 ny high form a chain of lower highs, the latest at 0.6970. Price sits below EMA20/50 with RSI(14) near 45.
Support: 0.69599, 0.69614
Resistance: 0.69701, 0.69801, 0.69972
What it said to watch
M15 close below the 0.6960 asian low confirms a lower low beneath the two-week floor
Close above the 0.6970 lower high and the lower highs trendline near 0.6977 opens a retest of the 0.6980 asian high
Reclaiming the 0.6997 ny high would invalidate the lower-high sequence
Midterm result calls and ADP at 13:15 UTC, then ISM Services at 15:00 UTC, could materially shift this read
Asia range 0.6960–0.6980 after a failed push higher.
Early midterm tallies hit the USD and lifted the pair to 0.6980 in the Asia session. The move was rejected and fully reversed to 0.6960, matching the late-NY low to form a double low. Price sits mid-range near 0.6967 just under the EMAs, with lower highs from the 0.6997 NY high still in place and RSI(14) neutral around 52.
Support: 0.69595
Resistance: 0.69801, 0.69972, 0.7000
What it said to watch
M15 close below the 0.6960 double low breaks the Asian range and the 0.6961 two-week low
Reclaim of the 0.6980 asia high reopens the 0.6997 ny high and the 0.7000 psych level
Close-race midterm calls during Asia/London could shift the USD leg of this read
Lower highs from NY high; double low at 0.6960 holding, Asian range 0.6960–0.6980.
Mid-Asia session. Early midterm tallies knocked the USD and lifted AUDUSD to the 0.6980 Asian high, near the 50–61.8% retrace of the NY slide from the 0.6997 NY high, but the spike was rejected back to 0.6960. That low matches the overnight low, forming a double low. Price is pinned mid-range near 0.6967 on the EMAs, RSI(14) neutral around 51.
Support: 0.6960
Resistance: 0.6980, 0.6997
What it said to watch
M15 close below the 0.6960 double low extends the lower-low sequence from the NY high
Close above the 0.6980 Asian high breaks the lower-highs line and opens the 0.6997 NY high
House/Senate calls during Asia/London could jolt the USD and break this range either way
02:31 UTC
Heavy, lower highs into a flat floor · RSI 47 · price 0.69644
Lower highs from 0.6997 pressing a repeatedly tested 0.6960 floor.
Mid-Asia session, AUDUSD briefly reached the 0.6980 asian high as early midterm tallies hit the USD, then met rejection and slid back to the 0.6960 asian low. That floor has now held four times since Tuesday's London session, while highs keep stepping lower from the 0.6997 ny high along the lower highs line. RSI(14) is neutral near 47 and price sits below both EMAs; ATR is about 7 pips.
Support: 0.69595
Resistance: 0.6973, 0.69801, 0.69972
What it said to watch
An M15 close below the 0.6960 asian low breaks the floor and extends the lower-low sequence
A close back above the 0.6973 swing high and the lower highs line would mark the 0.6980 asian high as the next test
Only a reclaim of the 0.6997 ny high would negate the lower-highs structure
Rolling US midterm results and Iran headlines can materially shift this read during Asia hours
Lower highs from NY high; lows holding the 0.6960 area.
The Asia session bounce on the midterm-driven USD dip stalled at 0.6980, the 50% fib of the NY high-low move, and was rejected. Price has unwound the move back to the 0.6961 two-week low, with the 0.69595 rollover low just below. The lower-highs sequence from the 0.6997 NY high stays intact; RSI(14) sits near 42 and ATR runs about 6-7 pips.
Support: 0.69612, 0.69595
Resistance: 0.69801, 0.69972
What it said to watch
An M15 close below the 0.69595 rollover low confirms a lower low beneath the two-week low
A reclaim of the 0.6980 Asia high breaks the lower-highs sequence
Ongoing US midterm results and Iran headlines could produce sharp USD swings in this session
Higher low at 0.6961 inside the 0.6960–0.6980 Asian range; lower high versus the 0.6997 NY high.
Asia rallied from the 0.6960 swing low, set a higher low at 0.6961, then met rejection at the 0.6980 Asian high as midterm results came in. The pair is back at 0.6972, holding the 0.6968 pullback low near the 61.8% of the Asia rally fib and sitting just above both EMAs. The 24h tape remains capped below the 0.6997 NY high since the dovish RBA hike knocked it off 0.7000.
Support: 0.69681, 0.69612, 0.69595
Resistance: 0.69801, 0.69972, 0.7000
What it said to watch
M15 close below the 0.6968 pullback low exposes the 0.6961 higher low and the rising Asia trendline
Failure at the 0.6960 swing low extends the lower-low sequence through the two-week low
Close above the 0.6980 Asian high reopens the 0.6997 NY high and 0.7000 psych level
Senate race calls landing through Asia could materially shift this read
01:46 UTC
Short-term recovery, higher lows in Asia · RSI 62 · price 0.69768
Double bottom near 0.69600; neckline 0.69730 broken.
Early Asia session lifted AUDUSD off a double bottom at the 0.69595 swing low and the 0.69612 higher low as US midterm results landed. Price cleared the 0.69730 broken cap to a 0.69801 Asia high, and RSI(14) sits near 62. Above, the swing high at 0.69828 and the NY high at 0.69972 cap.
Support: 0.6973, 0.69612, 0.69595
Resistance: 0.69801, 0.69828, 0.69972
What it said to watch
An M15 close back below the 0.69730 broken cap, into the asia leg fib 50% zone near 0.69698, negates the breakout
A clean break of the 0.69801 asia high exposes the 0.69828 swing high, then the 0.69972 ny high
A loss of the higher-low line through 0.69612 and the 0.69595 swing low reopens the lower-low sequence
Senate race calls overnight could materially shift this read
Higher lows off 0.6960 swing low, overnight cap broken.
Early in the Asia session, AUDUSD is bouncing off the 0.6960 swing low on a chain of higher lows. It has cleared the 0.6973 overnight cap (now the breakout lvl), printed a 0.6980 asia high, and sits at the 50% retrace of the 0.6997 ny high to 0.6960 drop. RSI(14) is near 64 and not stretched, with post-RBA AUD softness and US midterm results still landing as the backdrop.
Support: 0.6973, 0.6960
Resistance: 0.6980, 0.6983, 0.6997
What it said to watch
M15 close back below the 0.6973 breakout lvl returns price to the overnight range
Clearing the 0.6983 london high (61.8% of the NY drop) opens the 0.6997 ny high and the 0.7000 handle
Failure of the Asia higher-low trendline exposes the 0.6960 swing low
US midterm Senate calls through Asia could materially shift this read via the USD
01:02 UTC
Intraday downtrend, stabilising in Asia · RSI 55 · price 0.69701
Asian range 0.6960–0.6973 with a higher low after the sweep.
After the RBA's dovish hike, yesterday's NY high at 0.6997 gave way to a steady grind lower. A thin rollover sweep of the 0.6961 two-wk low to 0.69595 was quickly reclaimed, and early Asia has since printed a higher low at 0.6961 on the rising lows line, holding above ema20. Price is pressing the 0.6973 asian high, just under EMA50 and the 38.2% fib of the NY-high-to-sweep-low drop, with US midterm results the live driver.
Support: 0.6967, 0.6961, 0.69595
Resistance: 0.6973, 0.6983, 0.6997
What it said to watch
M15 close above the 0.6973 asian high and EMA50 breaks the Asian range and the rising lows line points to the 0.6983 london high
Loss of ema20 and the 0.6961 two-wk low, then the 0.69595 sweep low, turns the false break into a lower-low extension
US midterm results landing through Asia could materially shift this read, especially a Senate surprise moving the USD
00:47 UTC
Downtrend, stalling in Asia · RSI 48 · price 0.69659
Lower highs from 0.6997; Asian range 0.6961–0.6973 above the 0.69595 swing low.
The RBA's dovish hike knocked AUDUSD off the 0.7000 psych handle. A lower high at the 0.6997 NY high then fed a slide to a 0.69595 swing low after the NY close. The Asia session is chopping 0.6961–0.6973, capped by the descending line as US midterm results land, with RSI(14) flat near 48.
Support: 0.69612, 0.69595
Resistance: 0.6973, 0.69972, 0.7000
What it said to watch
M15 close above the 0.6973 asia high and the descending line breaks the lower-high chain, with the 0.6997 ny high as the next reference
Loss of the 0.6961 higher low and the 0.69595 swing low extends the lower-low sequence through the two-week low
Midterm Senate race calls during the Asia session could materially shift this read
00:32 UTC
Downtrend, basing near lows · RSI 55 · price 0.69681
Lower highs from the NY high; early-Asia bounce capped below the fib 50%.
After the RBA's dovish hike, AUD sold off in London and set lower highs from the 0.6997 NY high. In thin rollover trade it dipped to a 0.6960 session low, a marginal break of the 0.6961 two-week low that did not hold. The early-Asia rebound stalled at the 0.6973 session high, just under the 38.2% fib, and the 0.6966 micro low is holding so far.
Support: 0.6966, 0.6960
Resistance: 0.6973, 0.6978, 0.7000
What it said to watch
An M15 close above 0.6978 (fib 50%, the 16:00 UTC breakdown origin) breaks the lower-high sequence and brings the 0.7000 psych handle back into view
Failure to hold the 0.6960 session low confirms a lower low below the two-week low
The US midterm Senate call during the Asia session could materially shift this read
00:02 UTC
Downtrend, stabilising near lows · RSI 50 · price 0.69669
Lower highs from 0.6997; post-sweep reclaim of 0.6960 in early Asia.
The dovish-read RBA hike at 03:30 UTC knocked the pair off 0.7000. London extended to 0.6961, and a NY bounce to the 0.6997 NY high faded on Iran headlines. Midterm-results trade after 23:00 UTC swept the 0.6960 sweep low and snapped back above the late-NY base near 0.6962, but the 23:30 spike was rejected at 0.6973, near the 38.2% retrace.
Support: 0.69624, 0.69595
Resistance: 0.6973, 0.69972, 0.7000
What it said to watch
M15 close below the 0.6960 sweep low confirms a lower-low and extends the post-RBA leg
Acceptance above the 0.6973 spike high opens the 0.6997 NY high and 0.7000 psych
Slipping back under the 0.6962 late-NY base would negate the sweep reclaim
US Senate control call overnight could materially shift this read