AUD/USD AI Live Scan, 15-minute chart, Thursday, 5 November 2026

Every read JAFX AI made on the AUD/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:47 UTC

Downtrend, stalling in early Asia · RSI 37 · price 0.69286

Lower highs and lower lows since the London high at 0.7024; tight base forming at 0.6923–0.6935.

AUD/USD broke 0.7000 into the NY data release as the USD rebounded on the 189K claims beat. The slide cut through the 0.6970 range floor and the 0.6954 12-day low, and lower highs capped every bounce through NY. Early Asia session is holding a narrow 0.6923–0.6935 band, with RSI(14) near 37 and no reversal structure yet.

Support: 0.69225, 0.6920

Resistance: 0.69345, 0.69485, 0.6970

What it said to watch

  • Break below the 0.6923 session low extends the lower-low chain toward the 0.6920 round number
  • M15 close above the 0.6935 Asian high and the 0.6948 swing high breaks the lower-highs sequence
  • Old 0.6970 range floor now sits overhead as resistance; the NY sell-off 50% retracement is near 0.6964
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC Friday could materially shift this read

23:32 UTC

Downtrend, pausing near lows · RSI 35 · price 0.69298

Lower highs and lower lows since the NY break of 0.7000; early Asia basing under the falling trendline.

AUD/USD broke out of the 0.6997–0.7024 London range in the NY session. The move came as the USD recovered on hawkish Fed talk and the jobless claims beat, and it cut through the 0.6954 12-day low in a lower-high chain from the 0.69631 swing high. Early Asia is holding 0.69225 but stalling under the falling trendline and the asia high at 0.69345. RSI(14) is near 35, with ATR around 5 pips.

Support: 0.69225, 0.6920

Resistance: 0.69345, 0.69485, 0.69631

What it said to watch

  • An M15 close above the 0.69345 asia high and the falling trendline breaks the lower-high sequence.
  • Failure to hold the 0.69225 session low extends the lower-low chain toward the 0.6920 round number.
  • The 0.69485 lower high sits near the 38.2% retracement of the NY sell-off fib. A reclaim opens the 0.69631 swing high.
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC could materially shift this read.

23:17 UTC

Downtrend, momentum fading · RSI 30 · price 0.69265

Lower highs and lower lows below the broken 0.7000 range.

NY session broke the 0.7000 handle and the day's range floor. Price slid about 80 pips to a 0.6924 session low as USD recovered post-midterm losses on the claims beat and hawkish Fed talk. Early Asia's bounce stalled at the 0.6935 rollover high on the descending trendline, keeping the lower-high chain intact, with RSI(14) near 30.

Support: 0.69237, 0.6900

Resistance: 0.69345, 0.69485, 0.69631

What it said to watch

  • M15 close above the 0.6935 rollover hi and the descending trendline breaks the lower-high chain
  • Failure to hold the 0.6924 session low extends lower lows toward the 0.6900 round number
  • Recovery through the 0.6948 swing high and 0.6963 bounce high puts the 38.2-50% fib of the NY sell-off in play
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

23:03 UTC

Downtrend, momentum stalling near lows · RSI 28 · price 0.69293

Lower highs and lower lows since the NY break of the London range.

AUD/USD lost 0.7000 in the first hour of NY as the USD clawed back its post-midterm drop on hawkish Fed talk. The move broke the 0.7007–0.7024 Asian/London range and the 0.6954 12-day low, then ground down to a 0.6924 NY low, with each bounce capped at a lower high (0.6963 bounce high, then 0.6949). Thin post-rollover trade is holding near 0.6929 below the falling trendline, with RSI(14) near 28.

Support: 0.69237, 0.6900

Resistance: 0.69485, 0.69631

What it said to watch

  • An M15 close above the 0.6949 lower high breaks the lower-high chain and the falling trendline
  • Failure to hold the 0.6924 NY low exposes the 0.6900 round number
  • A retrace into the 0.6955–0.6963 bounce high, around the 38.2–50% of the NY sell-off fib, is the area to watch for rejection
  • Fed's Williams (09:30 UTC) and US NFP (13:30 UTC, f/c 65K) Friday could materially shift this read

22:47 UTC

Downtrend, momentum fading into post-NY lull · RSI 39 · price 0.69296

Lower highs and lower lows since the 0.7000 break; tight base above 0.6924 session low.

NY session lost 0.7000 from 14:30 UTC as USD clawed back its post-midterm drop on firm labour data and hawkish Fed talk. The slide broke the 12-day low near 0.6955 and printed a 0.6924 session low, a fall of about 82 pips from 0.7006. Price is now flat in thin post-NY trade just under the 0.6933 bounce high, below a descending trendline of lower highs.

Support: 0.69237, 0.6920

Resistance: 0.69329, 0.69485, 0.6955

What it said to watch

  • A break below the 0.6924 session low extends the lower-low chain; the 0.6920 round number sits just under it
  • A close above the 0.6949 lower high breaks the descending trendline and the lower-high sequence
  • Fib 38.2% of the 0.7006–0.6924 drop sits near 0.6955; the old 12-day low there is the upper reference
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC Friday could materially shift this read

22:32 UTC

Downtrend, minor bounce off lows · RSI 35 · price 0.69301

Lower highs and lower lows since the London-open high; thin post-NY bounce.

Price was rejected at the London-open high of 0.7024, then lost the 0.7000 psych level during NY hours as strong US claims and hawkish Fed talk lifted USD. The drop has printed a lower-high/lower-low chain under a falling trendline down to a 0.6924 session low. The thin bounce after the NY close is stalling below the 0.6937 swing high, with RSI(14) near 35 and off oversold.

Support: 0.69237, 0.6900

Resistance: 0.69366, 0.69485, 0.7000

What it said to watch

  • M15 close above the 0.6937 swing high breaks the lower-high chain
  • The 0.6949 lower high coincides with the fib 23.6% and the falling trendline, a zone to watch for rejection or break
  • Failure to hold the 0.6924 session low extends the lower-low sequence toward the 0.6900 round number
  • Fed's Williams at 09:30 UTC and US NFP (f/c 65K) at 13:30 UTC Friday could materially shift this read

22:17 UTC

Downtrend, selling pressure easing · RSI 36 · price 0.69319

Lower highs and lower lows since the NY sell-off; early Asia bounce off the session low.

The NY sell-off from 14:30 UTC took price through 0.7000 and the 0.6970 range floor as USD clawed back on firm claims and hawkish Fed talk. The lower-highs trendline from the 0.6963 bounce high has capped every recovery since. Price is lifting off the 0.6924 session low into the Asia open, with RSI(14) near 36, still below the 0.6949 swing high and the broken 0.6954 12-day low.

Support: 0.69237, 0.6900

Resistance: 0.69485, 0.69545, 0.69631

What it said to watch

  • An M15 close above the 0.6949 swing high and the lower-highs trendline breaks the lower-high chain; the 0.6954 12-day low sits just above as a broken-support retest area.
  • A failure at the 0.6924 session low extends the lower-low sequence toward the 0.6900 round number.
  • A move back above the 0.6963 bounce high would put the 50% retracement of the NY sell-off in play.
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC Friday could materially shift this read.

22:04 UTC

Downtrend, extended near lows · RSI 30 · price 0.69296

Lower highs and lower lows since the 0.7024 London-open high.

A USD rebound on strong jobless claims and hawkish Fed talk drove a ~100-pip slide from the 0.7024 London-open high, breaking the 0.6970 range floor during NY hours. The lower high at 0.6949 and the 0.6963 bounce high define the descending trendline, and price is holding just above the 0.6924 session low after NY close with RSI(14) near 30.

Support: 0.69237, 0.6920

Resistance: 0.69485, 0.69631

What it said to watch

  • Failure to hold the 0.6924 session low and the 0.6920 round number extends the lower-low chain
  • A close above the descending trendline and the 0.6949 lower high breaks the sequence; the 0.6963 bounce high sits above that
  • Fed's Williams (09:30 UTC) and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

21:47 UTC

Downtrend, momentum stalling late NY · RSI 26 · price 0.69258

Lower highs and lower lows since the 0.7000 range break.

The Asian-London range around 0.7007–0.7024 gave way into the NY open as USD clawed back on the jobless-claims beat and hawkish Fed talk. The NY sell-off cut through the 0.6954 12-day low in a clean lower-high chain to a 0.6924 session low. Post-NY bars are compressing, with RSI(14) near 26 and the lower high at 0.6937 sitting under the descending trendline.

Support: 0.69237, 0.6900

Resistance: 0.69366, 0.6954, 0.69631

What it said to watch

  • M15 close above the 0.6937 lower high breaks the lower-high chain and the descending trendline
  • Failure to hold the 0.6924 session low leaves the 0.6900 round number as the next reference
  • Reclaim of the 0.6954 12-day low, then the 0.6963 bounce high, would mark a 38.2–50% retrace of the NY sell-off
  • Thin Asia session liquidity after the NY close can produce outsized wicks around the session low
  • Fed's Williams (09:30 UTC) and US NFP (13:30 UTC, f/c 65K) could materially shift this read

21:32 UTC

Downtrend, oversold into late NY · RSI 26 · price 0.69264

Lower-high/lower-low chain since NY breakdown.

AUD/USD broke the 0.6997 range floor during NY hours and has shed about 100 pips from the 0.7024 London-open high, extending the USD rebound on strong claims data and hawkish Fed talk. Late NY has printed a fresh session low at 0.6924 with RSI(14) near 26. Each bounce has stalled below the descending trendline, with the latest lower high at 0.6949 and the 0.6937 breakdown shelf overhead.

Support: 0.69239, 0.6900

Resistance: 0.69365, 0.69485, 0.6997

What it said to watch

  • Close back above the 0.6937 breakdown shelf would stall the lower-low chain
  • Close above the 0.6949 lower high and descending trendline breaks the intraday sequence
  • Hold below the 0.6924 session low leaves the 0.6900 round number as the next reference
  • Thin Asia session liquidity after NY close; Fed's Williams at 09:30 UTC and NFP at 13:30 UTC Friday could materially shift this read

21:17 UTC

Downtrend, lower highs intact · RSI 21 · price 0.69292

LH/LL chain below broken 0.7000 range.

AUDUSD lost the 0.7000 Asian range floor in the first hour of NY as USD clawed back on strong claims and hawkish Fed talk. The NY drop ran about 78 pips to a 0.6928 session low, and each bounce since has been capped by the descending trendline. RSI(14) near 21 is oversold with no base yet, and the broken 0.6954 12-day low now sits overhead.

Support: 0.6928, 0.6900

Resistance: 0.6939, 0.6948, 0.6954

What it said to watch

  • Close above the 0.6948 swing high clears the descending trendline and breaks the lower-high chain
  • Reclaiming the 0.6939 lower high is the first sign the slide is stalling; 0.6954 12-day low then caps as prior support
  • Failure to hold the 0.6928 session low exposes the 0.6900 round number
  • Fed's Williams (09:30 UTC) and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

21:03 UTC

Downtrend, oversold into the NY close · RSI 24 · price 0.69314

Lower highs and lower lows since the NY-open range break below 0.7000.

London open briefly pushed above the Asian range high to 0.7024, then rejected it. The 0.7007–0.7020 range broke lower into NY, and the NY open dropped price through 0.7000 and the 0.6954 12-day low as USD recovered on firm claims and productivity data and hawkish Fed talk. Since then the lower high at 0.6963 (bounce high), the 0.6949 lower high and a descending trendline have capped price, which now sits on the 0.6931 session low after the NY close with RSI(14) near 24.

Support: 0.69306, 0.6900

Resistance: 0.69485, 0.69631

What it said to watch

  • M15 close above the 0.6949 lower high and descending trendline breaks the lower-high chain
  • Failure to hold the 0.6931 session low exposes the 0.6900 round number
  • Reclaim of the 0.6963 bounce high puts price back into the broken 0.6954–0.6970 zone
  • Fed's Williams at 09:30 UTC and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

20:47 UTC

Downtrend, grinding lower into late NY · RSI 29 · price 0.6933

Lower highs and lower lows since the 13:30 UTC range break.

Firm US claims and productivity data at 13:30 UTC broke AUDUSD below the 0.6997–0.7024 Asian/London range. The NY sell-off has since printed lower highs and lower lows through the 0.6954 12-day low to a 0.6932 session low. RSI(14) sits near 29 in late NY, and the descending trendline off the 0.6963 bounce high is still capping.

Support: 0.6932, 0.6900

Resistance: 0.6939, 0.6948, 0.6954

What it said to watch

  • A close back above the 0.6939 minor high is the first sign the lower-high chain is stalling.
  • A recovery above the 0.6948 lower high and the descending trendline breaks the NY sell-off structure.
  • A reclaim of the 0.6954 12-day low would turn the break into a false break.
  • Failure to hold the 0.6932 session low into Asia exposes the 0.6900 psych level.
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read.

20:32 UTC

Downtrend, lower highs into late NY · RSI 29 · price 0.69355

LH/LL chain after NY range break below 0.7000; close at session low.

The Asian/London 0.7002–0.7024 range gave way after the NY open as USD clawed back on strong claims and hawkish Fed talk. The slide took out the 0.7000 psych level and the 0.6954 12-day low, about 89 pips off the 0.7024 London high. Late NY is printing lower highs under a descending trendline, with the bar closing at the 0.6935 session low and RSI(14) near 29.

Support: 0.69352, 0.6900

Resistance: 0.69485, 0.69631, 0.7000

What it said to watch

  • A close above the 0.6949 lower high breaks the descending trendline and the late-NY lower-high chain
  • A reclaim of 0.6963, the fib 38.2 retracement of the NY leg, would mark a deeper corrective bounce
  • Failure to hold the 0.6935 session low extends the lower-low sequence, leaving the 0.6900 round number as the next reference
  • 0.7000 psych, broken this session, is now the upper reference
  • Fed's Williams at 09:30 UTC and Friday's NFP at 13:30 UTC (f/c 65K) could materially shift this read

20:17 UTC

Downtrend, lower highs intact · RSI 31 · price 0.6938

NY-session breakdown below London low; lower-high chain grinding into session low.

AUD/USD broke the 0.7000 Asian–London range at 14:30 UTC as USD clawed back on strong claims, productivity beats and hawkish Fed talk. It slid about 70 pips through the 0.6954 12-day low. The 16:00 bounce stalled at 0.6963, the 38.2% retrace of the NY selloff. Price is now pressing the 0.6935 session low late in NY hours along descending highs, with the 0.6948 prior low capping each bounce.

Support: 0.6935, 0.6900

Resistance: 0.6948, 0.6963, 0.6997

What it said to watch

  • M15 close back above the 0.6948 prior low and the descending highs line breaks the lower-high chain
  • Acceptance below the 0.6935 session low extends the lower-low sequence toward the 0.6900 round number
  • Recovery through the 0.6963 bounce high would put the 0.6997 london low back in play
  • Fed's Williams (09:30 UTC) and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

20:03 UTC

Downtrend, late-NY bounce off lows · RSI 34 · price 0.69447

LH/LL chain since the 14:30 UTC Asian-range breakdown.

NY broke the 0.6999 Asian low at 14:30 UTC and slid to a 0.6936 session low as USD recovered on the claims beat and hawkish Fed talk. Price is now well below the digest's ~0.7010 read. A late-NY bounce is probing the lower-highs trendline near the 0.6949 bounce high, with RSI(14) near 34.

Support: 0.69362, 0.6900

Resistance: 0.69485, 0.69631, 0.69991

What it said to watch

  • M15 close above the 0.6949 bounce high breaks the lower-highs trendline
  • Recovery through the 0.6963 lower high, near the 38.2% of the NY sell-off, negates the LH/LL chain
  • Failure at the 0.6936 session low extends lower lows, with the 0.6900 round number next
  • Fed's Williams (09:30 UTC) and NFP (13:30 UTC Fri) could materially shift this read

19:47 UTC

Downtrend, late-NY pause · RSI 32 · price 0.69451

Lower highs and lower lows below the broken 0.6997–0.7024 range.

Rejection at the London open high of 0.7024 gave way to a 14:30 UTC break of the 0.7000 round number. The leg ran to a 0.6936 session low as USD recovered on strong jobless claims and hawkish Fed talk. Late in the NY session the lower-highs sequence is intact, though the 19:30 bar rejected the session low and RSI(14) sits near 32.

Support: 0.69362, 0.6900

Resistance: 0.69631, 0.7000

What it said to watch

  • Failure to hold the 0.6936 session low extends the lower-low chain toward the 0.6900 round number
  • An M15 close above the 0.6963 swing high (38.2% fib) breaks the lower-highs trendline and the downtrend read
  • Back above the 0.7000 round number would put price back inside the prior range
  • Fed's Williams at 09:30 UTC and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

19:32 UTC

Downtrend, oversold late in NY · RSI 20 · price 0.69382

Lower highs and lower lows after the NY break of the Asian range.

London open swept the Asian range high to 0.7024 and was rejected. NY then broke the Asian low near 0.6999 and sold off about 65 pips as USD pared its losses on strong claims and hawkish Fedspeak. Late NY is printing lower highs under a falling trendline to a fresh 0.6937 session low, after the 16:30 UTC bounce stalled at the 38.2% fib; RSI(14) near 20 is oversold.

Support: 0.69369, 0.6930

Resistance: 0.6948, 0.69631, 0.7000

What it said to watch

  • A close below the 0.6937 session low extends the lower-low chain toward the 0.6930 round number
  • A close above the 0.6948 prior low and the falling trendline breaks the late-NY lower-high sequence
  • A recovery to the 38.2% fib at 0.6963 retests the 16:30 UTC bounce high, with 0.7000 psych and the Asian low above
  • US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read; Fed's Williams speaks at 09:30 UTC before it

19:17 UTC

Downtrend, momentum fading late NY · RSI 34 · price 0.69469

Asian range broken lower in NY; lower highs, lower lows since 14:30 UTC.

London's push above the Asian range to 0.7024 at the open was a false break. The NY sell-off from 14:30 UTC then cut through the asian low at 0.6999 and the 0.6954 12-day low as USD pared election losses on the claims beat and hawkish Fedspeak. Late NY is grinding lower under the lower-highs trendline, with a wick rejection at the 0.6938 session low. RSI(14) sits near 34, not oversold.

Support: 0.69382, 0.6900

Resistance: 0.69543, 0.69631, 0.69991

What it said to watch

  • M15 close above 0.6954 (12-day low) and the lower-highs trendline breaks the late-NY sequence
  • Fib 38.2% at 0.6964 sits on the 16:30 UTC bounce high; a reclaim there points back to the 0.6970–0.6999 asian low zone
  • Failure to hold the 0.6938 session low extends the lower-low chain toward the 0.6900 round number
  • US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

19:03 UTC

Downtrend, lower highs intact · RSI 25 · price 0.69415

Range break below 0.7000, LH/LL chain since NY open.

London held a 0.7007–0.7024 range, but the NY session broke 0.7000 and the 0.6954 12-day low as USD recovered on firm claims and productivity data and hawkish Fed remarks. Since the 0.6963 bounce high, each rally has stalled lower, with the prior low at 0.6948 now capping. Price is printing a fresh session low near 0.6941 with RSI(14) near 25.

Support: 0.69406, 0.6900

Resistance: 0.6948, 0.69543, 0.69631

What it said to watch

  • M15 close back above the 0.6963 bounce high breaks the lower-high chain along the trendline
  • Failure to hold the 0.6941 session low extends the lower-low sequence toward the 0.6900 round number
  • Reclaim of the 0.6954 12-day low would point to a false break
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC Fri (f/c 65K) could materially shift this read

18:47 UTC

Downtrend, extended late NY · RSI 24 · price 0.69449

Lower highs and lower lows after a break below the Asian range low.

After a false break of the Asian high at London open, the NY sell-off took AUDUSD through the 0.6999 Asian low, the 0.6970 range floor and the 0.6954 12-day low as USD clawed back post-midterm losses on firm claims and productivity data. Lower highs since the 0.6963 bounce high are capping price, with a fresh session low at 0.6943 late NY. RSI(14) near 24 is stretched but not at an extreme.

Support: 0.6943

Resistance: 0.6954, 0.6963, 0.6970

What it said to watch

  • Failure to hold the 0.6943 session low extends the lower-low chain
  • M15 close back above the 0.6954 12-day low and the lower highs trendline breaks the intraday sequence
  • Reclaim of the 0.6963 bounce high and 0.6970 range floor would turn the break into a false break
  • Fed Williams (09:30 UTC) and Fri NFP 13:30 UTC (f/c 65K) could materially shift this read

18:31 UTC

Downtrend, momentum fading into the close · RSI 27 · price 0.69508

NY-session range break below 0.7000, now basing at 0.6945–0.6963 with lower highs.

AUDUSD broke the 0.6997–0.7006 London-NY transition base at 14:30 UTC and fell 55 pips as USD rebounded on 189K claims and hawkish Fed talk. Price is now holding just under the 12-day low at 0.6954, with a session low at 0.6945 and lower highs capping the bounce high at 0.6963. RSI(14) is near 27 and ATR has eased to about 8.5 pips.

Support: 0.69447

Resistance: 0.6954, 0.69631, 0.7000

What it said to watch

  • A close below the 0.6945 session low extends the lower-low sequence
  • Reclaiming the 12-day low at 0.6954 and then the 0.6963 bounce high breaks the lower-highs line
  • Round number 0.7000 is the breakdown level and would mark a full retrace of the NY leg
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC Fri could materially shift this read

18:17 UTC

Downtrend, momentum stalling near lows · RSI 22 · price 0.69523

Lower highs and lower lows since the 0.7024 London high; tight late-NY base.

AUDUSD shed about 80 pips from the 0.7024 London high as USD rebounded on the 189K claims print and hawkish Fed talk. During NY hours it broke 0.7000, the 0.6970 range floor and the 0.6954 12-day low under a descending trendline. Late NY is basing in a 0.6945–0.6963 band, with RSI(14) near 22 and the 0.6950 psych level holding so far.

Support: 0.6950, 0.69447

Resistance: 0.6954, 0.69631, 0.6970

What it said to watch

  • Close above the 0.6963 bounce high and the descending trendline would break the lower-high chain; 0.6970 range floor sits next
  • Failure to hold the 0.6945 session low extends the lower-low sequence
  • Reclaim of the 0.6954 12-day low would point to a false break
  • 38.2% fib of the selloff near 0.6975 caps any recovery attempt
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC Fri (f/c 65K) could materially shift this read

18:03 UTC

Downtrend, oversold at session lows · RSI 23 · price 0.69477

Range break lower in NY, lower highs since the 0.6963 bounce.

London capped at 0.7024 inside the Asian range. Early NY then broke the 0.7000 round number as USD rebounded on the 189K claims print and hawkish Fed talk, cutting through the 0.6970 floor and the 0.6954 12-day low. Price is pressing the 0.6948 session low under a lower-high sequence from the 0.6963 bounce high, with RSI(14) near 23.

Support: 0.6948

Resistance: 0.6954, 0.6963, 0.7000

What it said to watch

  • Failure to hold the 0.6948 session low extends the lower-low chain
  • M15 close back above the 0.6963 bounce high breaks the lower-high sequence
  • Reclaim of the 0.6954 12-day low would mark the break as a false break
  • US NFP Fri 13:30 UTC (f/c 65K) and Fed's Williams at 09:30 UTC could materially shift this read

17:47 UTC

Downtrend, stalling near lows · RSI 24 · price 0.69509

NY range break lower, lower highs into 0.6948 session low.

NY session broke the London range and sold off about 58 pips from 0.7006 to a 0.6948 session low as USD firmed on the claims beat and hawkish Fed talk. That move took out the 0.6954 12-day low. After London close, price is compressing between 0.6948 and the 0.6963 bounce high under a lower-highs trendline, with the latest lower high at 0.6956 and RSI(14) near 24.

Support: 0.6948

Resistance: 0.6956, 0.6963, 0.7000

What it said to watch

  • M15 close below the 0.6948 session low extends the lower-low sequence
  • Close above the 0.6963 bounce high breaks the lower-highs trendline and turns the read to a range
  • Retrace into the 38.2–50% zone of the NY sell-off (0.6970–0.6977) is the first area to watch for rejection
  • Reclaim of the 0.7000 round number would negate the NY range break
  • Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

17:32 UTC

Downtrend, oversold, stalling near lows · RSI 18 · price 0.6953

Lower highs and lower lows below the broken Asian range and 0.7000.

The NY session broke the Asian range low and 0.7000. It then extended to a 0.6948 session low, taking out the 0.6954 12-day low, as USD recovered on firm claims and hawkish Fed talk. RSI(14) near 18 is oversold, and the bounce stalled at the 0.6963 bounce high below the lower-high line, with price drifting back toward the lows after London close.

Support: 0.6948

Resistance: 0.6963, 0.6997

What it said to watch

  • An M15 close above the 0.6963 bounce high and the lower-high line would mark the first higher high since the NY sell-off
  • Failure to hold the 0.6948 session low extends the lower-low chain
  • A reclaim of the 0.6997 london low and 0.7000 restores the prior Asian range read
  • Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

17:16 UTC

Downtrend, sell-off pausing near lows · RSI 23 · price 0.69536

NY range break below 0.7000; lower highs, basing near 0.6950.

NY session broke the Asian range floor and the 0.7000 psych level, then slid about 58 pips from 0.7006 to a 0.6948 session low as USD extended its recovery on firm US labour data and hawkish Fed talk. After London close, price is stalling just under the 0.6954 12-day low with the 0.6963 bounce high capping. RSI(14) sits near 23.

Support: 0.6948

Resistance: 0.6954, 0.6963, 0.7000

What it said to watch

  • A break of the 0.6948 session low extends the lower-low sequence below the 12-day low.
  • A recovery above the 0.6963 bounce high would be the first higher high since the NY sell-off; the fib 38.2% at about 0.6970 sits next.
  • A reclaim of 0.7000 psych would negate the range-break read.
  • Williams speaks Fri 09:30 UTC and NFP lands Fri 13:30 UTC (f/c 65K); either could materially shift this read.

17:02 UTC

Downtrend, consolidating after an impulsive leg · RSI 26 · price 0.69574

NY breakdown below 0.6997 base; lower highs, basing above 0.6948.

In the first hour of NY the pair broke out of its 0.6997–0.7006 base and slid through the 0.6970 range floor and the 0.6954 12-day low. The session low printed at 0.6948 as USD extended its rebound on strong claims and hawkish Fed remarks. After London close price is holding between 0.6948 and the 0.6963 bounce high, still capped by lower highs, with RSI(14) near 26.

Support: 0.6954, 0.6948

Resistance: 0.6963, 0.6970, 0.6998

What it said to watch

  • A close back above the 0.6970 range floor, which matches the 38.2% selloff fib, would mark the breakdown as stalling; the 0.6998 breakdown level sits above.
  • Failure to hold the 0.6948 session low extends the lower-high sequence; holding back above the 0.6954 12-day low keeps a base in play.
  • A close above the 0.6963 bounce high breaks the lower-highs line.
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read.

16:46 UTC

Downtrend, sharp NY sell-off now stalling · RSI 25 · price 0.69567

NY broke the Asian range and 0.7000, lower-high chain into a 0.6948 session low.

London capped the move at 0.7024, then the NY session broke below the 0.7002–0.7021 Asian range and the 0.7000 round number. The drop ran about 76 pips as USD recovered on the claims beat and hawkish Fed remarks. Price dipped to a 0.6948 session low under the 0.6954 12-day low and is now holding just above it, capped by the 0.6963 bounce high, with RSI(14) near 25.

Support: 0.6954, 0.6948

Resistance: 0.6963, 0.6977, 0.7000

What it said to watch

  • M15 close below the 0.6948 session low extends the lower-low sequence beyond the 12-day low
  • Close above the 0.6963 bounce high opens the fib 38.2 at 0.6977; only a reclaim of the 0.7000 round number negates the NY break
  • US NFP Fri 13:30 UTC (f/c 65K), preceded by Fed's Williams at 09:30 UTC, could materially shift this read

16:31 UTC

Downtrend, impulsive NY leg, first bounce forming · RSI 27 · price 0.6959

Asian/London range 0.7000–0.7024 broken lower; lower-high/lower-low chain since NY open.

Asia and London held 0.7000–0.7024. The NY open broke that range floor and ran 54 pips to a 0.6948 session low around the London fix, clearing the 12-day low at 0.6954 as USD extended its rebound on strong claims and hawkish Fed talk. RSI(14) has lifted off sub-20 oversold readings, and the first bounce is capped at the 0.6961 bounce high.

Support: 0.6954, 0.6948

Resistance: 0.6961, 0.6970, 0.7000

What it said to watch

  • M15 close back above the 0.6970 range floor (38.2% of the NY sell-off fib) would mark the break as stalling
  • Failure to hold the 0.6948 session low and the 12-day low at 0.6954 extends the lower-low chain
  • The 0.7000 round number caps any retracement; it is the broken range base
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

16:16 UTC

Downtrend, sharp NY sell-off, RSI deeply oversold · RSI 15 · price 0.69523

Asian range broken lower in NY; lower-low chain intact from the 0.7024 London high.

NY session broke the 0.6999–0.7021 Asian range lower. Price slid about 76 pips from the 0.7024 London high, cutting through 0.7000 psych, the 0.6970 range floor and the 0.6954 12-day low as USD extended its rebound on strong claims and hawkish Fed talk. RSI(14) near 15 is deeply oversold, and the latest bar is stalling just above the 0.6948 session low after London close.

Support: 0.6948, 0.6900

Resistance: 0.6954, 0.6970, 0.7000

What it said to watch

  • M15 close back above 0.6954 12-day low would flag the break as stretched; reclaiming the 0.6970 range floor (near the 38.2% fib) voids the breakdown read
  • Failure to hold the 0.6948 session low extends the lower-low chain toward the 0.6900 round number
  • 0.7000 psych now caps any retracement through the 50–61.8% fib zone
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

16:02 UTC

Downtrend, sharp and oversold · RSI 18 · price 0.69592

Range break below Asian low, lower lows into NY.

AUDUSD broke below the 0.6999 asian low in the first hour of NY and slid 73 pips from the 0.7024 London open high. It cut through the 0.6970 range floor and the 0.6954 12-day low before a 0.6951 session low, as the USD rebound on the claims beat and hawkish Fed talk extended. RSI(14) near 18 is deeply oversold, and the pair has bounced only modestly off the low into London close.

Support: 0.69508

Resistance: 0.6970, 0.69875, 0.69991

What it said to watch

  • Failure to hold the 0.6951 session low extends the lower-low sequence
  • M15 close back above the 0.6970 range floor would turn the breakdown into a false break
  • Any retracement meets the fib 50% at 0.6987, then the 0.6999 asian low and the 0.7000 handle
  • Thinning liquidity after London close; Williams (09:30 UTC) and NFP (13:30 UTC Fri) could materially shift this read

15:46 UTC

Downtrend, impulsive NY leg lower · RSI 19 · price 0.69612

Range break below 0.6997 floor, lower-high/lower-low sequence since 14:30 UTC.

London open spiked to the 0.7024 London high and was rejected. In the first hour of NY a 22-pip bar broke the 0.6997 range floor, and five straight lower closes have taken price to a 0.6961 session low, just above the 0.6954 2-wk low. The leg lower matches the USD recovery on firm claims and productivity data; RSI(14) near 19 is deeply oversold.

Support: 0.69612, 0.6954

Resistance: 0.69971, 0.70241

What it said to watch

  • A close back above the 0.6997 range floor would turn the break into a false break
  • Failure to hold the 0.6954 2-wk low extends the lower-low sequence
  • The 38.2–61.8% retracement of the NY impulse fib (0.6978–0.6989) is the first area to watch for rejection on a bounce
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC) could materially shift this read

15:31 UTC

Downtrend, oversold after NY flush · RSI 18 · price 0.69702

Range break lower, lower highs since London open.

London open rejected 0.7024, and lower highs followed through the day. NY then broke the 0.7000–0.7021 Asian range and the 0.6997 london low as USD recovered on the firm claims and productivity prints, putting in a session low at 0.6966. RSI(14) at 18 is stretched after a roughly 58-pip drop that has retraced little, with the 2-week low at 0.6954 just below.

Support: 0.6966, 0.6954

Resistance: 0.6997, 0.7006

What it said to watch

  • M15 close back above the 0.6997 london low and 0.7000 undoes the range break
  • Failure to hold the 0.6966 session low exposes the 0.6954 2-week low
  • Recovery through the 0.7006 pre-ny high breaks the lower-highs trendline
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

15:16 UTC

Downtrend, impulsive NY leg lower · RSI 22 · price 0.69728

Range break below 0.7000, lower highs since the London open.

The NY selloff broke the 0.7000 psych and the 0.6997 midday low with an 18-pip bar at 14:30 UTC. That move came as USD extended its recovery on firm US labor data, with claims at 189K. Price is pressing the 0.6971 session low with RSI(14) near 22, and the 0.6986 lower high is the first cap overhead.

Support: 0.69713, 0.6954

Resistance: 0.69859, 0.7000, 0.70241

What it said to watch

  • M15 close back above the 0.7000 psych would turn the range break into a false break
  • Failure to hold the 0.6971 session low exposes the 0.6954 two-week low
  • 0.7024 session high from the London open remains the top of the day's structure
  • Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read

15:02 UTC

Downtrend, impulsive NY leg lower · RSI 25 · price 0.69795

Lower highs from London open high, Asian range low and 0.7000 broken.

The London open spike to 0.7024 was rejected and printed a run of lower highs, and NY hours broke the Asian range low and the 0.7000 round number to a 0.69756 session low. The USD bid follows firm US claims and productivity data. RSI(14) near 25 is stretched, and the 50% fib of the London-NY drop sits at 0.7000, just below the 0.70061 lower high.

Support: 0.69756, 0.6961

Resistance: 0.7000, 0.70061

What it said to watch

  • M15 close back above the 0.7000 round number and the 50% fib turns the break into a false break
  • Acceptance below the 0.69756 session low exposes the 0.6961 post-RBA low
  • A push above the 0.70061 lower high invalidates the lower-high sequence
  • Williams (Fri 09:30 GMT) and NFP (Fri 13:30 GMT, f/c 65K) could materially shift this read

14:31 UTC

Short-term downtrend, stalling at 0.7000 · RSI 36 · price 0.70009

London range broke lower; lower highs, NY basing 0.6997–0.7006.

London was rejected at the 0.7024 session high, and the 0.7007–0.7020 range broke at 12:00 UTC on a series of lower highs. Price is now basing between the 0.6997 session low and 0.7006 around the 0.7000 round number, with USD firmer after 189K claims and RSI(14) near 36 after the London-NY drop.

Support: 0.7000, 0.69971

Resistance: 0.70067, 0.70241

What it said to watch

  • M15 close below the 0.6997 session low extends the lower-high sequence
  • Close back above the 0.7007 range floor and the lower highs line reopens the London range
  • US NFP Fri 13:30 UTC (f/c 65K) and Williams at 09:30 UTC could reset this read

14:17 UTC

Intraday downtrend, basing at 0.7000 · RSI 37 · price 0.70005

Lower highs from 0.7024 day high; tight 0.6997–0.7006 base in early NY.

Rejection at the 0.7024 day high started a lower-high trendline. Price slipped through the London top range and under psych 0.7000 as USD clawed back losses on solid US data, printing a 0.6997 day low around 12:30 UTC. Early NY is basing between 0.6997 and 0.7006, with the NY high capping the bounce short of the 38.2% fib of the day high-low move near 0.7007; RSI(14) ~37.

Support: 0.7000, 0.69971, 0.6961

Resistance: 0.70061, 0.70155, 0.70241

What it said to watch

  • M15 close above the 0.7006 NY high reopens the 0.7015 london top area
  • Failure to hold the 0.6997 day low extends lower lows toward the 0.6961 post-RBA low
  • Break of the lower-high trendline near 0.7010 invalidates the intraday downtrend read
  • US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

14:03 UTC

Intraday downtrend, early NY bounce · RSI 40 · price 0.7004

Lower highs since London open, range break below 0.7010.

London opened with a false break of the Asian high, printing the session high at 0.7024 before a sharp rejection. A run of lower highs then gave way to a range break through the london floor at 0.7010 to a session low of 0.6997 as USD clawed back post-election losses on firm data. Early NY is holding a shallow bounce just above psych 0.7000, with RSI(14) near 40.

Support: 0.7000, 0.6997

Resistance: 0.7010, 0.7021, 0.7024

What it said to watch

  • M15 close back above the london floor at 0.7010, the 50% of the london leg, neutralises the range break
  • Loss of psych 0.7000 and a break of the 0.6997 session low extends the lower-high sequence
  • Asian high 0.7021 and session high 0.7024 cap the day; a reclaim would break the lower highs
  • Fed's Williams Fri 09:30 UTC and US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read

13:46 UTC

Intraday downtrend, bouncing off lows · RSI 41 · price 0.70047

Lower highs since London open; false break below 0.7000 reclaimed.

London rejected the 0.70241 day high, and the USD recovery in Europe drove a slide through the Asian low to a 0.69971 session low below psych 0.7000. The 13:30 UTC jobless claims bar reclaimed 0.7000, so the break is a false break for now. Lower highs cap price near 0.7007, where the london low and the 38.2% retrace converge.

Support: 0.7000, 0.69971

Resistance: 0.7007, 0.70241

What it said to watch

  • M15 close above 0.7007 (london low / lower highs line) opens the 50% retrace near 0.7011
  • Failure to hold psych 0.7000 puts the 0.69971 session low back in play
  • Fed's Hammack at 13:50 GMT could materially shift this read
  • Friday's US NFP (f/c 65K) is the larger catalyst around the 0.7000 pivot

13:31 UTC

Intraday down from the London high, stalling at 0.7000 · RSI 35 · price 0.70019

London range break lower, session low just under the Asian low, now basing at the 0.7000 psych.

London opened with a rejection at the 0.7024 London high, and price then held a 0.7010–0.7016 range until a 12:00 UTC break of the range floor as the USD recovery extended in Europe. The drop swept the Asian low to a 0.6997 session low, and since then the first hour of NY has seen price grinding back around the 0.7000 psych with RSI(14) near 35.

Support: 0.7000, 0.69971

Resistance: 0.70095, 0.70156, 0.70241

What it said to watch

  • An M15 close below the 0.6997 session low confirms a lower-low beneath the Asian range
  • A reclaim of the 0.7010 range floor puts price back inside the London range, with the 0.7016 range top above
  • Rejection or a break at the 0.7024 London high caps the 38.2–61.8% retracement zone of the London high-low leg
  • US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read, with NFP due Friday

13:16 UTC

Intraday down, stalling at 0.7000 · RSI 31 · price 0.70006

Lower highs since London open; range break lower, basing at round number.

London open pushed above the Asian range to the 0.70241 session high and was rejected, a false break. The pair then held a 0.7007–0.7016 band, capped at the range top, until the 12:00 GMT USD recovery cut through the london low and 0.7000 to a 0.69971 session low. Price is now pinned at the 0.7000 round number with RSI(14) near 31; the 0.7007 london low sits close to the 38.2% retrace of the selloff.

Support: 0.7000, 0.69971

Resistance: 0.7007, 0.70156, 0.70241

What it said to watch

  • US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT land within the next bar or two and could materially shift this read
  • An M15 close below the 0.69971 session low extends the lower-low sequence from the London selloff
  • A recovery through the 0.7007 london low and the lower highs trendline puts the 0.70156 range top back in view
  • Failure to clear 0.70241 keeps the session high as the top of today's structure

12:46 UTC

Intraday downturn, momentum accelerating · RSI 28 · price 0.69984

London range broken lower; fresh session low below 0.7000.

From 12:00 UTC, AUDUSD broke lower from the 0.7007–0.7024 London range, losing the 0.7000 psych level and the Asian low to print a session low at 0.6997 as USD recovered its post-midterm losses. Lower highs from the London high at 0.7024 capped the morning, and RSI(14) near 28 is stretched but not extreme.

Support: 0.69971, 0.6961

Resistance: 0.7000, 0.70067, 0.70241

What it said to watch

  • US jobless claims and unit labor costs at 13:30 GMT, then Fed's Hammack at 13:50 GMT, could materially shift this read at the NY open
  • An M15 close back above the 0.7000 psych level would point to a false break
  • A recovery through the london low at 0.7007 puts the price back inside the morning range
  • Failure to hold the 0.6997 session low exposes the 0.6961 rba low
  • A close above the lower-highs line from 0.7024 would end the intraday downturn read

12:31 UTC

Intraday downtrend, lower highs since London open · RSI 32 · price 0.70038

London range broken lower, price testing 0.7000 psych above the Asian low.

London open spiked above the Asian high to the 0.70241 london high and was rejected. Lower highs followed, and the drop from the 0.70156 range top broke the 0.7007 london low as USD pared its post-midterm losses. Late in London, ahead of the NY open, price sits just above 0.7000 psych and the 0.69991 asian low, with RSI(14) near 32.

Support: 0.69991, 0.6961

Resistance: 0.7007, 0.70156, 0.70241

What it said to watch

  • An M15 close below the 0.69991 asian low breaks the session floor and exposes the 0.6961 post-rba low
  • A recovery back above the 0.7007 london low would turn the break into a false break
  • The lower-highs trendline near the 0.70156 range top is capping rebounds; a close above it negates the fade
  • US Initial Jobless Claims (13:30 GMT) and Fed's Hammack (13:50 GMT) in the first hour of NY could materially shift this read

12:16 UTC

Intraday pullback, lower highs since London open · RSI 44 · price 0.70096

Failed push above Asian high, compressing between 0.7007 and 0.7016.

London open pushed through the 0.7021 Asian high to a 0.7024 session high, then gave back 11 pips in one bar. A run of lower highs since then has pinned price between the 0.7007 London low and a 0.7016 range top, near the 61.8% retracement of the Asia rally, as the USD pares its post-midterm losses.

Support: 0.7007, 0.7000

Resistance: 0.70156, 0.70241

What it said to watch

  • An M15 close below the 0.7007 London low exposes the 0.7000 round number and the 0.6999 Asian low.
  • A close above the 0.7016 range top breaks the lower-highs line and reopens the 0.7024 session high.
  • US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT, early in the NY session, could materially shift this read.

12:02 UTC

Sideways, momentum flat after London rejection · RSI 50 · price 0.70142

Compression under lower highs inside the Asian range, late London session.

The London open spiked above the 0.70213 asian high to a 0.70241 london high, then reversed sharply in a false break as the post-midterm USD slide lost traction in European trade. Price has since compressed under lower highs between the 0.7007 london low and about 0.7016. It sits near the 50% retracement of that London drop and is flat on both EMAs, with RSI(14) at 50 and ATR(14) thin at about 3.4 pips.

Support: 0.7007, 0.69991

Resistance: 0.70213, 0.70241

What it said to watch

  • An M15 close above the lower-highs line near 0.7015 ends the compression and puts the 0.70213 asian high back in play
  • Acceptance above 0.70213 reopens the 0.70241 london high
  • Failure to hold the 0.7007 london low exposes the 0.7000 handle and the 0.69991 asian low
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50, could break the compressed range at the NY open

11:47 UTC

Sideways, momentum flat after London rejection · RSI 49 · price 0.70138

Lower highs since London open, compressing into a tight 0.7007–0.7016 range.

London open briefly broke above the Asian high at 0.7021, printed the London high at 0.7024 and was rejected 12 pips in one bar. That false break started a run of lower highs, and price is now coiled near the 50% retrace of the overnight rally from 0.6999, with RSI(14) neutral at 49. The Asia bid on the trade-balance beat and the softer USD has stalled into the late-London lull ahead of US data.

Support: 0.7007, 0.7000

Resistance: 0.70156, 0.70213, 0.70241

What it said to watch

  • M15 close above the 0.7016 lower high breaks the descending sequence and reopens the Asian high at 0.7021
  • Failure at the London low of 0.7007 exposes the 0.7000 round number and the 0.6999 overnight low
  • Reclaim of the London high at 0.7024 would negate the false-break read
  • US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read

11:16 UTC

Sideways, momentum neutral · RSI 49 · price 0.70138

Range inside Asian range, lower highs since London open.

London open produced a false break above the 0.7021 Asian high to a 0.7024 London high, rejected within one bar, with lower highs since. Price is now coiling between the 0.7007 London low and the 0.7015 range top, sitting on the 38.2% fib of that drop with EMAs flat. USD softness after the midterms is keeping the pair above the 0.7000 psych level.

Support: 0.7007, 0.70024, 0.7000

Resistance: 0.70152, 0.70213, 0.70241

What it said to watch

  • M15 close above the 0.7015 range top and the lower-highs trendline reopens the 0.7021 Asian high
  • Failure to hold the 0.7007 London low exposes the 0.7002 Asian low and 0.7000 psych
  • US jobless claims 13:30 GMT and Fed's Hammack 13:50 GMT could break the compression during NY hours

11:03 UTC

Sideways, lower highs since London open · RSI 49 · price 0.70132

Lower highs compressing into a 0.7009–0.7013 coil above 0.7007.

London open made a false break of the Asian high at 0.7021, tagging the 0.7024 session high before a 12-pip reversal. Lower highs at 0.7020 and 0.7019 have since pressed price into a tight coil on EMA20, holding the fib 61.8 of the 0.6999–0.7024 Asia leg. AUD is trading as a USD proxy after the post-midterm dollar slide, and RSI(14) is neutral at 49.

Support: 0.70087, 0.7007, 0.7000

Resistance: 0.7020, 0.70241

What it said to watch

  • M15 close above the lower-high trendline and the 0.7020 lower high reopens the 0.7024 session high
  • Failure to hold the 0.7007 london low exposes the 0.7000 psych handle and the 0.6999 Asia low
  • US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT around the NY open could break the coil

10:46 UTC

Intraday range, fading from London-open high · RSI 49 · price 0.70114

Lower highs since 0.70241 rejection, compressing 0.7009–0.7013.

London open briefly broke above the Asian high to a 0.70241 session high, then reversed hard. Lower highs followed at 0.7020 and 0.70189 under a descending trendline. Price is now coiling between the 0.7009 area and a 0.7013 range top, sitting near the 61.8–78.6% retracement of the Asia-London leg, with RSI(14) neutral at 49. The broad post-midterm USD slide keeps the pair above the 0.7000 round number, and the london low at 0.7007 is the nearest floor.

Support: 0.7007, 0.7000

Resistance: 0.7013, 0.7020, 0.70241

What it said to watch

  • M15 close below the 0.7007 london low extends the lower-high sequence and exposes the 0.7000 round number
  • Close above the 0.7013 range top and the descending trendline (~0.7014) reopens the 0.7020 lower high
  • Reclaim of the 0.70241 session high would negate the London-open false break
  • US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT in the first hours of NY could shift this read; NFP due Friday

10:31 UTC

Sideways, momentum faded after London rejection · RSI 46 · price 0.70122

Range 0.7007–0.7020 with lower highs since the London open.

London open pushed above the Asian range high at 0.7021 to a 0.7024 session high, then reversed sharply. Since then, lower highs at 0.7020 and 0.7019 have capped price and the 0.7007 session low has held. Price sits mid-range at 0.7012, just under flat EMAs, as the early-Europe USD bounce trims the post-midterm slide.

Support: 0.7007, 0.7000

Resistance: 0.7020, 0.70241

What it said to watch

  • Break below the 0.7007 session low exposes the 0.7000 round number and the Asian range base near 0.7002
  • M15 close above the 0.7020 lower highs line voids the fading-rally read and puts the 0.7024 session high back in play
  • BoE at 12:00 GMT, US jobless claims and unit labour costs at 13:30 GMT, and Fed's Hammack at 13:50 could break the range via the USD

10:16 UTC

Intraday range, drifting lower since London open · RSI 45 · price 0.70114

Failed break of Asian range high, lower highs since 07:00 UTC.

London open spiked through the Asian range top to a 0.7024 session high, rejected within one bar and has since printed lower highs at 0.7020 and 0.7019 as the early-Europe USD bounce took hold. Price is sitting at the 61.8% retrace of the Asian rally near 0.7011, just below both EMAs, with the 0.7007 london low the nearest floor.

Support: 0.7007, 0.7000

Resistance: 0.7019, 0.70241

What it said to watch

  • Break below the 0.7007 london low exposes the 0.7000 round number and Asian range base
  • M15 close above the 0.7019 lower high / trendline negates the fading-highs read and puts the 0.7024 session high back in play
  • BoE decision 12:00 GMT and US jobless claims 13:30 GMT could shift USD and this read

10:03 UTC

Range, London fading from session high · RSI 44 · price 0.70113

False break above Asian high, lower highs since London open.

AUD reclaimed 0.7000 overnight on the post-midterm USD slide. The London open then made a false break above the 0.7021 Asian high, tagging a 0.7024 session high before a sharp rejection. Lower highs at 0.7020 and 0.7019 have followed, and price sits at 0.7011 below EMA20/50 with RSI(14) near 44, drifting back toward the Asian low.

Support: 0.70067, 0.7000

Resistance: 0.70189, 0.70241

What it said to watch

  • M15 close below the 0.7007 asian low exposes the 0.7000 round number and the 0.6999 rollover low
  • M15 close above the 0.7019 lower high breaks the London lower-highs line and reopens the 0.7024 session high
  • BoE at 12:00 GMT, then US jobless claims and Fed's Hammack (13:30–13:50 GMT) around the NY open could shift the USD leg of this read

09:46 UTC

Intraday range, leaning lower since London open · RSI 45 · price 0.70106

Failed break above the Asian high, lower highs at 0.7020 and 0.7019.

London open pushed through the Asian range top and yesterday's 0.7022 high to a session high of 0.70241, then fully reversed in one bar as the USD clawed back in early Europe. Lower highs at 0.7020 and 0.70189 have since pressed price back toward the asian low at 0.70067, with RSI(14) neutral near 45 and price below both EMAs.

Support: 0.70067, 0.7000

Resistance: 0.70189, 0.70241

What it said to watch

  • Close below the 0.70067 asian low opens the 0.7000 psych handle and the 0.6999 overnight low
  • Close back above the 0.70189 lower high negates the lower-highs read and puts the 0.70241 session high back in view
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read

09:31 UTC

Intraday downswing inside 24h range · RSI 44 · price 0.7008

Lower highs since London open failed above Asian range high.

London open pushed above the Asian range high to a session high at 0.7024. The break failed in the next bar, and lower highs at 0.7020 and the 0.7019 lower high now cap price as the early-Europe USD bounce trims the post-midterm slide. Price is back at 0.7008, about 64% into the asia-london leg and pressing the 0.7007 asia low, with RSI(14) at 44 and ATR near 5 pips.

Support: 0.70067, 0.69991

Resistance: 0.70189, 0.70241

What it said to watch

  • M15 close below the 0.7007 asia low exposes the 0.7000 handle and the 0.6999 day low
  • Close above the 0.7019 lower high negates the descending-highs read; the 0.7024 session high is the next reference
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could shift USD direction in NY session

09:16 UTC

Intraday uptrend stalled, range forming · RSI 51 · price 0.70116

Asian high swept and rejected at London open; London range 0.7011–0.7020.

London open swept the Asian high at 0.7021 to a session high of 0.7024, then rejected hard back to 0.7011. Since then price has held a 0.7011–0.7020 London range and now sits on the London low, at the 50% retrace of the Asian rally from 0.6999. AUD is trading as a USD proxy after the post-midterm dollar slide, and the early-Europe USD bounce has capped the upside.

Support: 0.7011, 0.70067, 0.7000

Resistance: 0.70213, 0.70241

What it said to watch

  • M15 close below the 0.7011 london low exposes the 0.7007 asia pb low and the 61.8% retrace near 0.7009
  • Loss of the 0.7000 psych handle breaks the higher-low sequence from the Asian session
  • Reclaim of the 0.7021 asian high puts the 0.7024 session high back in focus
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could shift this read during NY hours

09:02 UTC

Sideways, mild higher lows · RSI 57 · price 0.70171

0.7000–0.7024 range, lows stepping up, cap at 0.7020s.

London open produced a false break of the Asia high at 0.7021, spiking to a 0.7024 session high before a 12-pip rejection to the 0.7011 London low. Price has since rotated back to 0.7017, above EMA20 and EMA50 with RSI(14) near 57. Supply has capped the 0.7020s repeatedly over 24h, while lows step higher from 0.6999 along the asia lows trendline as post-election USD softness keeps AUD above the 0.7000 round number.

Support: 0.7011, 0.70067, 0.7000

Resistance: 0.70213, 0.70241

What it said to watch

  • M15 close above the 0.7024 session high breaks the 24h range cap
  • Loss of the 0.7011 london low (78.6% of the london leg) reopens the 0.7007 pre-ldn low and the 0.7000 round number
  • Break of the asia lows trendline ends the higher-low sequence
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could materially shift this read

08:46 UTC

Range after failed London push higher · RSI 54 · price 0.70154

False break above Asian high, chopping 0.7011–0.7020.

London open pushed through the Asian high and prior-day high to a 0.7024 session high, then reversed 12 pips in one bar for a false break. Price is now chopping between the 0.7011 london low and the 0.7020 range top, RSI(14) neutral near 54, with the hold above 0.7000 psych driven by USD weakness after the Democratic sweep rather than domestic AUD strength.

Support: 0.7011, 0.70067, 0.7000

Resistance: 0.7020, 0.70241

What it said to watch

  • M15 close above 0.7024 session high negates the false-break read
  • Loss of 0.7011 london low exposes the 0.7007 swing low and the rising Asia trendline
  • Break of the Asia trendline puts 0.7000 psych back in play
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack, could materially shift this read

08:16 UTC

Range-bound, upside break rejected · RSI 55 · price 0.70172

0.7007–0.7022 range; false break above Asian high pre-London.

AUD/USD has held a 0.7007–0.7022 range through Asia on post-midterm USD softness. The pre-London rally from the asian low pushed through the asian high and prior high to 0.7024, but it was a false break that reversed to 0.7011 in one bar. Early London has held that swing low twice, and price sits near the range top at 0.7017 with RSI(14) neutral around 55.

Support: 0.70111, 0.70067, 0.7000

Resistance: 0.70216, 0.70241

What it said to watch

  • M15 close above the 0.7024 false break high would invalidate the range read
  • Failure to hold the 0.7011 swing low exposes the 0.7007 asian low and the 0.7000 round number
  • US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read; NFP due Friday

08:03 UTC

Range, upside momentum stalled · RSI 53 · price 0.7014

Pre-London false break above Asian range, now mid-range.

The post-midterm USD slide lifted AUD/USD off the 0.6999 overnight low. Just before London open it pushed through the Asian high and the prior London high at 0.7022 to a 0.7024 sweep high, then dropped 11 pips in one bar to a 0.7011 swing low. Price is now opening London mid-range near 0.7014, sitting on EMA20 with RSI(14) neutral at 53.

Support: 0.7011, 0.7007, 0.7000

Resistance: 0.7022, 0.7024

What it said to watch

  • M15 close back above the 0.7024 sweep high negates the false-break read
  • Failure to hold the 0.7011 swing low exposes the 0.7007 higher low from late Asia, then the 0.7000 round number
  • US Initial Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read ahead of Friday's NFP

07:47 UTC

Range-bound, flat after failed upside break · RSI 51 · price 0.70144

24h range 0.6999–0.7024; false break above Asian high at London open.

Asia held a 0.6999–0.7021 range with higher lows, supported by the softer USD after the midterm sweep. Early London ran through the Asian high and the 0.7022 prior high to a 0.7024 session high, then fell 12 pips to the 0.7011 london low. That leaves a false break, with price back mid-range at EMA20 and between the 50% and 61.8% of the 0.7007–0.7024 leg. RSI(14) is neutral at 51.

Support: 0.7011, 0.70067, 0.7000

Resistance: 0.70216, 0.70241

What it said to watch

  • M15 close back above the 0.7022 prior high negates the false break and reopens the 0.7024 session high
  • Failure to hold the 0.7011 london low, then the 0.7007 swing low, breaks the Asian higher-lows line and exposes 0.7000 psych
  • US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could reset the range; NFP on Fri at 13:30 UTC is the larger risk

07:31 UTC

Intraday higher lows, stalled at highs · RSI 52 · price 0.70145

London open false break above Asian high, back inside Asian range.

London open pushed through the Asian high and prior-day high near 0.7022 to a 0.7024 session high, then a 12-pip rejection bar dropped price back to 0.7011, putting it back inside the Asian range. Higher lows from 0.6999 and the 0.7007 swing low remain intact on a soft USD after the midterm sweep. RSI(14) is neutral near 52 and price sits on EMA20.

Support: 0.70113, 0.70067, 0.7000

Resistance: 0.70216, 0.70241

What it said to watch

  • M15 close back above the 0.7022 asian high negates the false break
  • Loss of the 0.7011 rejection low exposes the 0.7007 swing low and the rising-lows line
  • Break of the 0.7007 swing low ends the higher-low chain and puts 0.7000 psych in play
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could shift this read; NFP on Friday is the larger catalyst

07:16 UTC

Intraday uptrend, fresh breakout · RSI 66 · price 0.70231

Higher low at 0.7007, break above 0.7021 double cap.

Late Asia cleared the 0.7021 prior high, where yesterday's London peak and the Asian high had both capped, and printed a 0.7024 session high into the London open. The move came on the broad USD slide after the US midterm sweep. Rising lows from 0.6999 at rollover to the 0.7007 swing low keep the micro-structure pointed higher above the 0.7000 psych level, with RSI(14) near 66 and not stretched.

Support: 0.70213, 0.70067, 0.7000

Resistance: 0.70241

What it said to watch

  • An M15 close back below the 0.7021 prior high would turn the breakout into a false break
  • A loss of the 0.7007 swing low breaks the rising lows and the higher-low chain
  • A clean extension above the 0.7024 session high, with London volume behind it, confirms the breakout
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could shift USD tone during NY hours
  • Friday's NFP is the larger risk to the hold above the 0.7000 psych level

07:02 UTC

Range-bound, higher lows through Asia · RSI 62 · price 0.7020

0.6999–0.7022 range, price testing the top.

Price is pressing the 0.7021–0.7022 range top for a fourth time into the London open. The Asian pullback held the 0.7007 swing low near the 61.8% of the Asia leg. AUD is holding above 0.7000 on post-midterm USD weakness, but every test of the range top in the past 24h has been capped.

Support: 0.7007, 0.6999

Resistance: 0.7022

What it said to watch

  • M15 close above 0.7022 breaks the range top
  • Another rejection at 0.7022 keeps the range intact
  • Loss of the 0.7007 swing low exposes the 0.6999 asian low and the 0.7000 psych level
  • Challenger 10:30 UTC, US claims 13:30 UTC and Fed's Hammack 13:50 UTC could shift USD tone ahead of Friday NFP

06:47 UTC

Range-bound, higher lows building inside · RSI 57 · price 0.70182

0.7005–0.7022 range; rising lows from 0.6999, flat range top at 0.7021.

Asia lifted AUDUSD off the 0.7000 psych on post-midterm USD weakness. Supply capped the 0.7021 range top twice, matching yesterday's London high, and demand stepped in at the 0.7007 swing low to hold the rising lows. Price is back at 0.7018 ahead of London open, retesting the range top for a third time.

Support: 0.70067, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close above the 0.7022 range top breaks the 20-hour range
  • A third rejection at 0.7021 followed by a loss of the 0.7007 swing low breaks the rising lows
  • A move back below the 0.7000 psych, with 0.6999 as the Asian low, flips the session structure lower
  • US jobless claims and Fed's Hammack (13:30/13:50 UTC) could shift the USD leg during NY hours

06:33 UTC

Sideways, short-term recovery off Asia dip · RSI 56 · price 0.70172

0.7000–0.7021 range, higher low at 0.7007 vs rollover low.

The Asia session ran to 0.7021, matching the prior-day high, and was rejected there. The pullback found a swing low at 0.7007, and price has since recovered through the 61.8% retrace of that dip to 0.7017 ahead of London open. Post-midterm USD softness is keeping the 0.7000 psych level intact, but the session high is still capping price.

Support: 0.70067, 0.7000

Resistance: 0.70215

What it said to watch

  • M15 close above the 0.7021 session high breaks the two-session cap
  • Loss of the 0.7007 swing low reopens the 0.7000 psych level
  • Failure below the 78.6% fib at 0.7018 keeps the Asia pullback in play
  • US jobless claims 13:30 UTC and Fed's Hammack 13:50 UTC could shift USD tone; Friday NFP is the larger risk

06:16 UTC

Sideways, Asia pullback stabilising · RSI 47 · price 0.70129

0.7000–0.7021 range; Asia lower highs, 61.8% fib held.

The 0.7021 range top capped price in London, NY and Asia. The late-Asia fade held the 61.8% fib of the overnight rally at 0.7007, and price is now pressing the Asia trend line of lower highs near 0.7014. Post-midterm USD softness keeps the pair above 0.7000 psych, with no break from the 0.7000–0.7021 range ahead of London open.

Support: 0.70067, 0.7000

Resistance: 0.70142, 0.70213

What it said to watch

  • Sustained M15 closes above the Asia trend line near 0.7014 put the 0.7021 range top back in play
  • A fourth rejection at the range top keeps the 0.7000–0.7021 range intact
  • Loss of the 61.8% fib at 0.7007 exposes 0.7000 psych and the 0.6999 rollover low
  • US Initial Jobless Claims (f/c 196K) and Fed's Hammack at 13:30–13:50 UTC could materially shift this read; NFP Fri is the larger catalyst

06:02 UTC

Range-bound, short-term drift lower · RSI 36 · price 0.70088

0.7000–0.7021 range; lower highs through Asia.

AUDUSD has held a 0.7000–0.7021 box since yesterday's London session. The range top has rejected price four times, and the post-midterm USD slide has struggled to extend above 0.7000. Late Asia is grinding lower from 0.7021 in a lower-high chain and now sits on the 61.8% fib of the Asian leg near 0.7008, with a fresh swing low at 0.7007 and RSI(14) around 36.

Support: 0.70067, 0.7000

Resistance: 0.70139, 0.70213

What it said to watch

  • M15 close below the 0.7007 swing low extends the lower-high chain toward 0.7000 psych.
  • A break of 0.7000 psych exits the range to the downside.
  • Recovery above the 0.7014 lower high neutralises the Asia pullback, though the 0.7021 range top remains the cap.
  • London open within the next hour could set the session direction out of the Asian range.
  • US Initial Jobless Claims (f/c 196K) and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50 UTC, could shift the USD leg ahead of Friday's NFP.

05:46 UTC

Range, intraday momentum fading lower · RSI 38 · price 0.70091

Double top at 0.7021 with lower highs through late Asia.

Asia ran from the 0.6999 asian low to 0.7021. That stalled at yesterday's London high and left a double top, and lower highs since have pulled price back to 0.7009, between the 50% and 61.8% fib of the Asian leg and just above the 0.7008 swing low. Price sits below both EMAs with RSI(14) near 38 into London. USD stays soft after the midterm sweep, but follow-through above 0.7000 has been thin.

Support: 0.70081, 0.69991

Resistance: 0.70143, 0.70216

What it said to watch

  • Failure to hold the 0.7008 swing low and 61.8% fib exposes the 0.7000 psych and 0.6999 asian low
  • M15 close above the 0.7014 lower high breaks the descending line and reopens the 0.7021 double top
  • London open is the first test of the Asian range
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, ahead of Friday's NFP, could materially shift this read

05:31 UTC

Intraday range, late-Asia pullback · RSI 43 · price 0.70115

0.7000–0.7021 range, repeated caps at range top.

Asia rallied from the 0.6999 Asian low to 0.7021, matching Wednesday's London high. The range top has now capped price four times. Price has since faded below EMA20 (~0.7014) to the 50% fib near 0.7010, RSI(14) 43, while post-midterm USD softness holds the pair above 0.7000.

Support: 0.7010, 0.70081, 0.69991

Resistance: 0.7014, 0.70216

What it said to watch

  • Break below the 0.7008 swing low exposes the Asian low and the 0.7000 psych level
  • Close above the 0.7021 range top breaks the four-test cap
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could reshape the range ahead of Friday NFP
  • London open in ~1.5h typically tests the Asian range edges

05:16 UTC

Range-bound above 0.7000, momentum fading · RSI 47 · price 0.70128

0.6999–0.7022 range; lower highs off the prior high since 02:15 UTC.

The Asian session swept below the 0.7000 psych level to a 0.6999 sweep low, then rallied 22 pips to 0.7021. That marked a fourth rejection at the prior high since London yesterday. Price is now printing lower highs back under the ema20, sitting on the 38.2% retrace near 0.7013 with RSI(14) neutral at 47, while broad USD weakness after the midterm sweep keeps 0.7000 underpinned.

Support: 0.7011, 0.7000, 0.69991

Resistance: 0.70145, 0.7021

What it said to watch

  • M15 close above the 0.7021 prior high breaks the range top and the lower-highs trendline
  • Failure to hold the 0.7011 pullback low (50% retrace ~0.7010) exposes 0.7000 psych and the 0.6999 sweep low
  • London open in ~3h is the first test of the Asian range 0.6999–0.7021
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, followed by Fed's Hammack at 13:50 UTC, could materially shift this read ahead of Friday's NFP

05:02 UTC

Intraday range under 0.7021, momentum fading · RSI 46 · price 0.70127

Asian rally capped at 0.7021, late-Asia pullback to 38.2% retrace.

Asia bounced off the 0.6999 Asian low after rollover, helped by the A$2.8bn trade-surplus beat, but stalled at the 0.7021 session high, which matches yesterday's London top for a third rejection there. Price is now drifting at 0.7013 near the 38.2% retrace with RSI(14) at 46. The 0.7011 Asia pivot and the 0.7008 swing low are the nearby floors as London open approaches.

Support: 0.7011, 0.70081, 0.69991

Resistance: 0.70213

What it said to watch

  • M15 close above the 0.7021 session high breaks the three-test cap
  • Loss of the 0.7008 swing low exposes the 0.6999 Asian low and the 0.7000 handle
  • Repeated holds at the 0.7011 Asia pivot keep the 0.7008–0.7021 range intact
  • US Initial Jobless Claims 13:30 UTC and Fed's Hammack 13:50 UTC could shift this read in NY session

04:47 UTC

Intraday uptrend from 0.7000, momentum fading · RSI 54 · price 0.70131

Lower highs beneath 0.7021 cap, inside Asian range.

Asia's rally off the 0.7000 rollover low, extended by the A$2.8bn trade-surplus beat on a heavy USD, stalled at 0.7021, the same session high that capped London on Wednesday. Price has since printed a chain of lower highs back to the 38.2% fib near 0.7013, sitting on EMA20 with RSI(14) neutral at 54.

Support: 0.70114, 0.70081, 0.7000

Resistance: 0.7016, 0.70216

What it said to watch

  • M15 close above the 0.7021 session high breaks the triple cap and the lower-high trendline read
  • Failure to hold the 0.7011 pullback low exposes the 0.7008 swing low near the 61.8% fib
  • Loss of the 0.7000 round number would erase the Asian rally
  • Acceptance above the 0.7016 lower high is the first sign the pullback is ending
  • US jobless claims and Fed's Hammack at 13:30–13:50 UTC could shift USD tone ahead of Friday's NFP

04:31 UTC

Range-bound, Asia upleg fading · RSI 48 · price 0.70122

0.7000–0.7022 range, triple cap at range top.

The trade-surplus beat lifted AUD off the 0.6999 rollover low in Asia. The push stalled at 0.7021, the third rejection at the range top since yesterday's London session. Price is now sitting on the 0.7012 pullback low near the 38.2% of the Asia leg fib, just below the ema20, with RSI(14) neutral near 48.

Support: 0.70117, 0.70081, 0.7000

Resistance: 0.7015, 0.70216

What it said to watch

  • An M15 close above the 0.7022 range top breaks the day-long range and opens the 0.7050 200-DMA zone flagged in context
  • Failure to hold the 0.7008 asia dip exposes the 0.7000 psych level and the 0.6999 rollover low
  • London open around 08:00 UTC is the first test of the Asian range
  • US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could materially shift this read

04:16 UTC

Range-bound after Asia rally, momentum fading · RSI 49 · price 0.70136

0.6999–0.7022 range; three rejections at range top, price at 38.2% retrace.

The Asia rally off the 0.6999 session low, extended by the A$2.8bn trade surplus beat, stalled at the 0.7021 range top. That is the third rejection there after yesterday's London high. Price is rotating at the 38.2% retrace near 0.7013, just above the 0.7012 swing low, with RSI(14) neutral near 49 and price hugging EMA20.

Support: 0.7012, 0.7008, 0.6999

Resistance: 0.7021, 0.7050

What it said to watch

  • M15 close above the 0.7021 range top ends the rejection sequence and opens 0.7050 psych
  • Failure to hold the 0.7012 swing low and 0.7008 pullback low (61.8% retrace) exposes the 0.6999 session low
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC, ahead of Friday NFP, could materially shift this read

04:02 UTC

Intraday range under prior high, momentum flat · RSI 54 · price 0.70151

Asian range 0.6999–0.7021, capped at prior-day high.

The trade-surplus beat lifted AUD off the 0.6999 Asian low into the 0.7021 prior high. That level has rejected price twice this Asian session, matching yesterday's London-hours peak, and price is now rotating near the 0.7014 intraday low ahead of London open. Below that, the 0.7008 swing low sits close to the 50% fib of the Asian rally.

Support: 0.70143, 0.70081, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close above 0.7021 prior high breaks the Asian range top and yesterday's high
  • Failure to hold the 0.7008 swing low exposes 0.7000 psych and the Asian low at 0.6999
  • Loss of the 0.7014 intraday low shifts the read to a deeper pullback within the range
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read

03:47 UTC

Intraday uptrend stalling into a range · RSI 54 · price 0.70139

Higher lows off 0.6999 rollover low, flat cap at 0.7021; tight 0.7014–0.7021 range.

Asia lifted AUD/USD off the 0.6999 rollover low after the A$2.8bn trade surplus beat, but the move stalled with three rejections just under Wednesday's 0.7021 prior high, leaving a 7-pip range since early Asia. Late in the Asia session, price is pressing the 0.7014 range floor, near the 38.2% retracement of the Asia rally, with RSI(14) neutral and price sitting on EMA20.

Support: 0.7014, 0.70081, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close below the 0.7014 range floor opens the 0.7008 pullback low and the 50–61.8% of the Asia rally
  • Loss of 0.7008 brings the 0.7000 round number and rollover low back into play
  • M15 close above the 0.7021 prior high clears the London and NY tops and invalidates the range read
  • US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC are the next scheduled risk for this read

03:31 UTC

Asia uptrend, stalling below prior high · RSI 64 · price 0.70173

Higher lows from 0.6999, capped at 0.7021.

The Asia leg from the 0.6999 rollover low ran into Wednesday's London prior high at 0.7021 after the September trade surplus beat (A$2,826M vs 1,200M). Price was rejected there twice at 0.70208 and 0.70213. It is holding an Asia higher low (asia hl) near 0.7015, with the 0.7008 swing low and 0.7000 psych level beneath.

Support: 0.70145, 0.70081, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close above the 0.7022 prior high breaks the double cap and the session range top
  • Loss of the 0.7015 asia hl puts the 0.7008 swing low and the 38.2–61.8% band of the Asia leg fib (0.7013–0.7008) in play
  • Return below the 0.7000 psych level negates the post-trade-data advance
  • US jobless claims and Fed's Hammack (13:30/13:50 UTC) could shift USD tone after London open

03:16 UTC

Intraday uptrend, pressing prior high · RSI 69 · price 0.70194

Higher lows since rollover; capped below 0.7022.

Asia session extended the bounce from the 0.6999 rollover low after the A$2.8bn trade surplus beat, with higher lows at the 0.7008 pullback low and the 0.7014–0.7015 asian HL. Price is back under yesterday's 0.7022 prior high, where two Asian tests have stalled with a rejection wick; RSI(14) near 69.

Support: 0.70145, 0.7008, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close above the 0.7022 prior high breaks yesterday's London range top
  • Loss of the 0.7014 asian HL and the HL line breaks the Asian higher-low chain, exposing the 0.7008 pullback low
  • Failure to hold the 0.7000 round number puts price back below the rollover low
  • US jobless claims and unit labour costs Thu 13:30 UTC could shift this read ahead of Friday NFP

03:02 UTC

Intraday uptrend, stalling at prior high · RSI 65 · price 0.70161

Asia higher lows capped by yesterday's London high.

The Asia session bounced from the round number at 0.7000 after rollover, and the A$2.8bn trade surplus beat at 00:30 UTC extended the asia upleg on a softer USD. Price has printed higher lows at 0.7008 (post-data low) and 0.7014-15, but saw rejection twice at 0.7021, matching yesterday's London prior high at 0.70216.

Support: 0.70145, 0.70081, 0.7000

Resistance: 0.70216, 0.7050

What it said to watch

  • M15 close above the 0.70216 prior high clears yesterday's London high and opens 0.7050, the 200-dma flagged in the macro digest
  • Loss of the 0.70145 higher low and the asia support trendline puts the 0.7008 post-data low and the 50-62% fib zone (0.7010-0.7008) in focus
  • Break back below the 0.7000 round number unwinds the entire asia upleg
  • London open in about 5h is the first test of the Asian range (0.6999-0.7021)
  • US jobless claims and Fed's Hammack at 13:30-13:50 UTC could shift the USD leg ahead of Friday NFP

02:46 UTC

Intraday uptrend, pressing range top · RSI 74 · price 0.70194

Higher-low chain in Asia inside a 0.7000–0.7022 range held since London yesterday.

Asia session built higher lows off the 0.6999 swing low after the A$2.8bn trade surplus beat, with the 0.7008 asia hl holding. Price is now back at the 0.7020–0.7022 prior high that capped London and NY yesterday, a third test of the range top. RSI(14) near 74 is firm but not stretched.

Support: 0.70081, 0.69991

Resistance: 0.70216, 0.7050

What it said to watch

  • M15 close above the 0.7022 prior high breaks the 24h range top, opening 0.7050 psych
  • Loss of the 0.7008 asia hl breaks the intraday higher-low chain and trendline support
  • Break below the 0.6999 swing low returns price below 0.7000 and voids the Asia advance
  • US jobless claims and Fed's Hammack Thu 13:30–13:50 UTC could materially shift this read ahead of Fri NFP

02:32 UTC

Intraday uptrend in Asia, pressing range top · RSI 71 · price 0.70188

Asian higher lows inside a 0.7000–0.7022 day range.

Asia dipped to 0.69991 below the 0.7000 psych level, then lifted on the A$2.8bn trade-surplus beat, with a higher low at 0.70081 (asia hl). Price is back under the 0.7021 range top, which capped London at 0.70216, NY at 0.70202 and an Asian push at 0.70208. RSI(14) is near 71 and ATR(14) is about 3.6 pips.

Support: 0.70081, 0.7000

Resistance: 0.70216

What it said to watch

  • M15 close above the 0.70216 range top breaks the day's range
  • Failure at 0.7021 would be a fourth rejection at the range top
  • Loss of the 0.70081 asia hl breaks the higher-low chain and re-exposes 0.7000 psych
  • US jobless claims Thu 13:30 UTC could materially shift this read

02:16 UTC

Intraday uptrend from rollover low, pressing range top · RSI 71 · price 0.70163

Higher low at 0.7008 inside 0.7000–0.7022 range; first test of range top rejected.

The Asia session lifted AUDUSD about 20 pips from the 0.6999 rollover low, helped by the A$2.8bn trade-surplus beat, with a higher swing low at 0.7008. Price is back at the 0.7021 range top that capped London on Wednesday; a 01:45 UTC wick to 0.70208 was rejected, and RSI(14) sits near 71.

Support: 0.70081, 0.7000

Resistance: 0.70216, 0.7050

What it said to watch

  • M15 close above the 0.7022 range top breaks Wednesday's range and opens the 0.7050 round number
  • Loss of the 0.7008 swing low and the Asia trendline shifts focus back to the 0.7000 range low
  • Jobless claims at 13:30 UTC Thu, ahead of Friday's NFP, could materially shift this read

02:02 UTC

Intraday range, Asia leg higher stalling · RSI 67 · price 0.70142

0.6999–0.7022 range since Wednesday London; Asia printing higher lows.

The Asia session lifted off the 0.6999 asia low after the A$2,826M trade-surplus beat and reclaimed 0.7000. It met rejection at 0.7021, the range top that has capped three times since Wednesday's London session. Price sits mid-range near 0.7014 with RSI(14) around 67, and the 0.7008 swing low marks the latest higher low.

Support: 0.70081, 0.69991

Resistance: 0.70216

What it said to watch

  • M15 close above the 0.7022 range top breaks the range that has held since Wednesday's London session
  • Failure to hold the 0.7008 swing low (61.8% of the Asia rally) breaks the higher-low chain
  • Loss of the 0.6999 asia low puts price back below 0.7000 and negates the Asia leg
  • US Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read

01:46 UTC

Range-bound, rebounding off range floor · RSI 66 · price 0.70155

0.7000–0.7022 range since Wednesday London morning; Asia printing a higher low.

Asia session lifted off the 0.6999 rollover dip at the range floor, helped by the trade surplus beat (A$2,826M vs A$1,200M), and pulled back to a higher low at 0.7008, the 50% retrace of the Asian rally. Price is now pressing the asia high at 0.7017, still inside the 0.7000–0.7022 range that has capped since Wednesday's London morning, with the range top rejected three times during NY hours.

Support: 0.70081, 0.7000

Resistance: 0.70171, 0.70216, 0.7050

What it said to watch

  • M15 close above the 0.7022 range top breaks the range and brings the 200dma zone at 0.7050 into view
  • Failure to hold the 0.7008 higher low puts the 0.7000 range floor back in play
  • Rejection again at the asia high at 0.7017 keeps the range read intact
  • US jobless claims and unit labour costs at 13:30 UTC could materially shift this read ahead of Friday NFP

01:31 UTC

Range-bound above 0.7000, Asia bounce stalling · RSI 61 · price 0.70116

0.7000–0.7022 range since yesterday's London rally; Asia higher low at 0.7008.

AUDUSD has held a 0.7000–0.7022 range since yesterday's London rally off 0.6954, with the range top at 0.7022 capping all NY attempts. The A$2.8bn trade surplus beat lifted early Asia off the round number to a 0.7017 session high, where it met rejection, and the pullback held the 50% fib of that leg near 0.7008. RSI(14) ~61 and ATR ~3.5 pips reflect thin, compressed Asian conditions.

Support: 0.70081, 0.7000

Resistance: 0.70171, 0.70216

What it said to watch

  • Failure to hold the 50% fib at 0.7008 exposes the 0.7000 round number again
  • M15 close above the 0.7017 session high puts the 0.7022 range top back in play; acceptance above it ends the range read
  • Loss of 0.7000 shifts structure to a lower-low below the rising lows line
  • US Initial Jobless Claims and Unit Labor Costs Thu 13:30 UTC could materially shift this read ahead of Friday's NFP

01:16 UTC

Intraday uptrend, pausing below Asia high · RSI 63 · price 0.70128

Higher low off the rollover low, now consolidating under the Asia high.

The Asia session lifted off the 0.69991 session low after rollover. The A$2,826M trade surplus beat and a heavy post-midterm USD extended the Asia leg to an Asia high at 0.70171. Price is now consolidating just below that high, holding the 0.70114 pullback low, while yesterday's 0.70216 prior high still caps the window.

Support: 0.70114, 0.70081, 0.69991

Resistance: 0.70171, 0.70216

What it said to watch

  • M15 close above the 0.70171 asia high exposes the 0.70216 prior high
  • Break of the 0.70114 pullback low puts the 50% fib of the Asia leg near 0.70081 in play
  • Loss of 0.7000 psych and the 0.69991 session low negates the Asia leg higher
  • US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read ahead of Friday NFP

01:02 UTC

Intraday bounce inside a day-long range · RSI 64 · price 0.70138

Asia higher lows off 0.7000, pressing the range top.

Asia session retested the 0.7000 round number (asia low 0.6999) and built higher lows. Price extended after the 00:30 UTC trade balance release to an asia high at 0.7017, back under the 0.7018–0.7022 prior high that capped London and NY on the post-election dollar slide. RSI(14) near 64, ATR about 3 pips.

Support: 0.7008, 0.6999

Resistance: 0.7017, 0.7022

What it said to watch

  • M15 close above the 0.7022 prior high breaks the day-long range
  • Loss of the 0.7008 late ny top puts the Asian leg fib 61.8% near 0.7006 in play
  • Break of the asia higher lows and the 0.6999 asia low fails the 0.7000 retest
  • Trade balance actual is not yet in the feed; a print at or below the 495M prior could reverse the Asian leg

00:46 UTC

Recovering within range, short-term higher lows in Asia · RSI 62 · price 0.70137

0.7000–0.7022 range after London rally; Asia testing upper half.

London's rally from the 0.6954 low on the post-midterm dollar slide stalled at the 0.7022 London high, leaving a 0.7000–0.7022 range through NY. Asia held a retest of 0.7000 at the 0.6999 Asian low and is now pressing toward the 0.7018 NY high around the Australia trade balance release, with RSI(14) near 62.

Support: 0.7008, 0.69991

Resistance: 0.70182, 0.70216

What it said to watch

  • M15 close above the 0.7018 NY high and 0.7022 London high breaks the range top
  • Loss of the Asian rising line and the 0.7008 late NY base puts the 0.6999 Asian low back in play; below it, the 38.2% of the London rally fib sits near 0.6996
  • Australia trade balance (f/c 1200M, prev 495M) is not yet in the feed; a print near the 495M prior could shift this read

00:31 UTC

Sideways after rally, early Asia bouncing · RSI 58 · price 0.70105

0.7000–0.7022 range since London; Asia higher low off 0.6999.

After the USD-driven post-midterm rally from 0.6954 to 0.7022, the pair has held a 0.7000–0.7022 range, staying above the 23.6% level of that rally fib. The rollover dip found demand at the 0.6999 asia low, and early Asia has bounced into the 0.7012 asia high with RSI(14) near 58 and ATR around 2.6 pips.

Support: 0.6999

Resistance: 0.7012, 0.7021

What it said to watch

  • Australia Trade Balance at 00:30 UTC (f/c 1200M) could materially shift this read
  • M15 close above 0.7021 range top breaks the range toward 0.7050
  • Failure to hold the 0.6999 asia low exposes the 38.2% rally fib near 0.6996
  • Rejection at the 0.7012 asia high keeps price mid-range

00:17 UTC

Sideways after London rally, highs fading · RSI 56 · price 0.70085

0.7000–0.7022 range, lower highs since London peak.

The Asia-London leg from 0.69536 broke the Asian range on the post-midterm USD selloff and peaked at the 0.70216 day high. NY then capped the pair in a range with lower highs at 0.70202 and the 0.70182 NY high. Early Asia is pressing session highs at 0.70085 after the rollover low at 0.69991 held the round number, with the late NY low at 0.70047 the nearest support.

Support: 0.70047, 0.69991

Resistance: 0.70182, 0.70216

What it said to watch

  • Australia Trade Balance at 00:30 UTC (f/c 1200M) could materially shift this read
  • M15 close above the 0.70182 NY high breaks the lower-highs sequence and reopens the 0.70216 day high
  • Failure to hold the 0.69991 rollover low puts price back under 0.7000 and marks a range break lower

00:02 UTC

London uptrend stalled, drifting lower · RSI 33 · price 0.70024

Lower highs inside a 0.7001–0.7022 range, testing range floor.

London ran 68 pips from the 0.6954 Asian low to a 0.7022 day high on the post-blue-sweep USD selloff. NY then ranged 0.7001–0.7022 with lower highs at 0.7020 and 0.7018. Price slipped under the 0.7005 late ny base after rollover and now sits on psych 0.70, between the 23.6% and 38.2% fib of the rally, with RSI(14) near 33.

Support: 0.69991, 0.69536

Resistance: 0.7005, 0.70182, 0.70216

What it said to watch

  • Australia Trade Balance at 00:30 UTC (f/c 1200M) could break the thin early-Asia range in either direction
  • Close below 0.6999 (psych 0.70) opens the 38.2% fib near 0.6996 and puts the rally's Asian low back in view
  • Reclaim of the 0.7005 late ny base plus a break of the lower-highs trendline above 0.7018 reopens the 0.7022 day high

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