Every read JAFX AI made on the AUD/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Recovery off June low, capped · RSI 60 · price 0.70463
Higher lows since mid-June base.
AUDUSD carved a rounded bottom around the 0.6884 June low and has ground higher through July, reclaiming EMA(50) and pressing back to the 0.7050 recent high — its firmest since June. The advance is capped just under the 0.7075 ceiling, where prior attempts have stalled, with hawkish-RBA repricing underpinning the bid. Price holds above the 0.7020 support and 0.6980 pivot, keeping the higher-low chain intact.
Support: 0.7020, 0.6980, 0.6884
Resistance: 0.7050, 0.7075, 0.7120
What it said to watch
- D1 close above 0.7075 opens the path toward the 0.7120 channel top
- US NFP Friday and RBA Aug 11 hold are the dominant catalysts into next week
- Failure to hold 0.7020 support puts the 0.6980 pivot back in play
21:04 UTC
Recovery off June lows, capped · RSI 59 · price 0.70463
Higher lows since mid-June, pressing range highs.
AUDUSD has recovered off the mid-June 0.6875 low and now retraces roughly half of the April-June decline, trading near 0.7046. Advances repeatedly stall under the 0.7075 ceiling while price holds above a rising EMA base; hawkish-RBA repricing underpins the bid. Two-way into Friday's US NFP, the dominant near-term driver.
Support: 0.7000, 0.6980, 0.68749
Resistance: 0.7050, 0.7075, 0.7120
What it said to watch
- D1 close above 0.7075 opens the path toward the 0.7120 channel top
- Failure to hold 0.7000/0.6980 pivot reopens downside toward June lows
- US NFP Friday could materially shift this read