Higher highs and higher lows since late-month low.
Higher-high/higher-low structure intact since the late-month low near 0.6922, with price above both EMAs and pushing a seven-week high at 0.7077 as the soft US NFP print (-23K vs +80K) pressured USD. The latest bar cleared the 0.7075 cap before settling back to 0.7062, an early breakout still needing confirmation. ATR(14) is expanding as the move extends.
Support: 0.7040, 0.7022, 0.7000
Resistance: 0.70772, 0.7100
What it said to watch
RBA rate decision + statement Tue 11 Aug could materially shift this read
Sustained H4 close above 0.7077 opens the 0.7100 area
Failure to hold 0.7040 reopens the 0.7022-0.7000 (50ema) zone
17:02 UTC
Uptrend, extending · RSI 63 · price 0.70624
Higher highs, higher lows; fresh multi-week high.
AUDUSD extended its July uptrend to a fresh multi-week high at 0.7077 on the final bar, breaking clear of the 0.7050 shelf as the USD sold off after a sharp NFP miss (-23K vs +80K). Higher-low structure has held throughout the window, with the pair riding well above the rising EMA20/EMA50. The 0.7077 session high now caps, while 0.7015 marks the prior range floor beneath.
Support: 0.7015, 0.7000, 0.6960
Resistance: 0.7077, 0.7050, 0.7100
What it said to watch
Sustained close above 0.7077 opens the 0.7100 round number
Loss of 0.7015 range floor points back toward the 0.7000 50-day EMA
RBA decision + statement Tue 11 Aug could materially shift this read
AUDUSD carved a three-week high at 0.7064 mid-week on broad USD softness before fading into a tight consolidation around 0.7030-0.7050. Higher-low structure off the late-month 0.6922 low remains intact with price holding above both EMAs, but momentum has flattened as the pair trades as a USD/risk proxy into NFP. ATR(14) has compressed alongside the sideways drift, leaving the 0.7064 top and 0.7000 base as the framing edges.
Support: 0.7022, 0.7000
Resistance: 0.7055, 0.7064
What it said to watch
US NFP today is the dominant catalyst and could break the 0.7030-0.7050 balance
H4 close above 0.7064 opens the path to fresh multi-week highs
Loss of 0.7022 swing low exposes the 0.7000 psych/ema50 support
AUDUSD retains a higher-low structure off the 0.6922 late-month low, tagging a three-week high at 0.7064 before fading into consolidation around 0.7040. Price holds above EMA20 and EMA50 with ATR compressing, and the pair is trading as a USD/risk proxy into today's US NFP. The 0.7055/0.7064 zone is capping while demand has repeatedly stepped in near 0.7022.
Support: 0.7022, 0.7000, 0.6975
Resistance: 0.7055, 0.7064
What it said to watch
US NFP today at 12:30 GMT is the dominant catalyst and could break this consolidation either way
H4 close above 0.7064 opens the path to extend the uptrend
Loss of 0.7022 exposes the 0.7000 psych / 50-day EMA support and threatens the higher-low structure
Higher lows since late-July, consolidating below range ceiling.
AUDUSD has built a base above the 0.7000 50-EMA, printing higher lows off the late-July 0.6922 impulse low up to the 3-week high at 0.7064. Price is now consolidating in the low 0.7030s, capped by the 0.7048-0.7064 zone as ATR compresses. The pause is squarely into the US NFP release, which the digest flags as the immediate swing factor.
Support: 0.7000, 0.6980, 0.6922
Resistance: 0.7064, 0.7048
What it said to watch
US NFP today is the immediate driver — a strong print pressures the 0.7000 base, a soft print reopens the 0.7060-0.7064 ceiling
H4 close above 0.7064 extends the higher-high sequence
Loss of 0.7000 (50-ema base) would break the base structure and expose 0.6980
RBA hold Aug 11 — statement wording on Q4 hike risk could shift the read
Higher lows since late-month low, consolidating below 0.7064 ceiling.
AUDUSD has built a base above the 0.7000 (50-EMA) pivot, printing higher lows since the 0.6922 low and tagging a three-week high at 0.7064 on the softer US data theme. Price is now consolidating around 0.7035 with RSI mid-range, holding inside a rising channel as ATR eases — compression ahead of US NFP. The 0.7060-0.7064 ceiling has capped twice, keeping the range intact.
Support: 0.7000, 0.6962, 0.69219
Resistance: 0.7064
What it said to watch
US NFP today is the immediate swing factor and could break this consolidation either way
H4 close above 0.7064 3-week high opens the path higher; failure to hold 0.7000 50-ema base breaks the higher-low structure
Higher-low structure has carried AUDUSD from the 0.6922 base to a seven-week high at 0.7064, supported by a surprise June trade surplus and soft US data. Price is now consolidating in a 0.7020-0.7060 band and drifting below the EMA20 as the July hawkish-RBA premium fades and the pair trades USD-driven into NFP. ATR is compressing near recent highs, a sign the advance is losing pace rather than reversing while price holds above the EMA50 around 0.7000.
Support: 0.7020, 0.7000, 0.6970
Resistance: 0.7064, 0.7075
What it said to watch
US NFP today 12:30 UTC is the immediate driver and can break this range
H4 close above 0.7064/0.7075 extends the uptrend toward the channel top
Loss of 0.7020 then 0.7000 (50d ema) confirms a deeper pullback
Higher lows since late-month, pulling back from range top.
Uptrend intact off the late-month 0.6922 base — higher lows held into a 7-wk high at 0.7064 before rejection capped the advance and price drifted back toward the 0.7020 recent low. ATR(14) compression through the recent range signals fading momentum near the top rather than a fresh impulse. AUD stays a USD trade with US NFP the immediate catalyst.
Support: 0.7020, 0.7000, 0.6900
Resistance: 0.7064, 0.7075
What it said to watch
US NFP today 12:30 UTC is the near-term USD catalyst and can shift this read
H4 close above 0.7064 clears the 7-wk high and opens the 0.7075 ceiling
Failure to hold 0.7000 (50d ema) breaks the higher-low structure
AUDUSD has traded a clean higher-high/higher-low sequence since the late-month low near 0.6922, tagging a seven-week high at 0.70642 on the soft-USD tailwind before stalling below 0.7075. The last several bars are pulling back into 0.7030, slipping under the EMA20 while holding above the EMA50 near 0.7010. ATR is moderate and price is consolidating just off the highs into today's US NFP.
Support: 0.7020, 0.7000, 0.6970
Resistance: 0.70642, 0.7075
What it said to watch
H4 close below 0.7020 pivot breaks the higher-low structure
Reclaim of 0.70642 week high reopens the 0.7075 cap
US NFP today 12:30 UTC could materially shift this read
Higher-high, higher-low structure intact since the late-month low near 0.6922, with price grinding to a seven-week high at 0.7064 before easing back this week. The rally has been broadly soft-USD driven (weak ADP 44K trimming Fed-hike bets); price now sits above the EMA50 near 0.7005 but has slipped under the EMA20 as momentum cools. Pullback is holding the 0.7020 pivot so far.
Support: 0.70223, 0.7000, 0.69834
Resistance: 0.70642, 0.7075
What it said to watch
US NFP today 12:30 UTC is the key USD driver and could materially shift this read
H4 close above 0.7064 opens the path toward the 0.7075 cap
Failure to hold 0.7020 exposes the 0.7000 psych level and EMA50