Lower highs and lows, consolidating near week low.
AUDUSD has trended lower all week from the 0.7181 open, with the sharpest leg coming on Friday's 172K NFP beat that drove USD broadly bid and pushed price toward a near two-month low at 0.7037. A bounce into the NY session reached 0.7078 but lacked follow-through, and price now sits pinned at 0.7044 below both EMA(20) and EMA(50). RSI(14) has lifted off its lows to mid-40s as the decline stalls, leaving the pair coiled just above the week's floor.
Support: 0.7037, 0.7000
Resistance: 0.7058, 0.70778
What it said to watch
Break below 0.7037 opens UOB's 0.7000 target
Hourly close above 0.7058 ema20 then 0.70778 session high would ease the downtrend read
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
23:02 UTC
Downtrend, consolidating near lows · RSI 45 · price 0.70445
Lower highs into a base above the week low.
AUDUSD remains in a downtrend after Friday's blowout US NFP (172K) drove the week's dominant leg lower from the 0.714 area, with USD strength and Mideast risk extending the slide to a near two-month low at 0.70195. Price has since stalled, basing in a 0.7034–0.7078 range and trading below both EMA20 and EMA50, with RSI(14) cycling in the mid-40s. The bounce off 0.70195 into the NY session lacked follow-through and faded back toward the 0.7044 area.
Support: 0.70341, 0.70195, 0.7000
Resistance: 0.7058, 0.70778, 0.7105
What it said to watch
Close below 0.70195 opens the path to the 0.7000 round number
Reclaim of 0.70778 bounce high needed to ease the downside pressure
US May CPI Wed 12:30 UTC is the dominant near-term catalyst and could materially shift this read
22:02 UTC
Downtrend, consolidating near lows · RSI 47 · price 0.70447
Lower highs and lower lows, basing above two-month low.
AUDUSD has trended lower all week from Monday's 0.7177 open, with the dominant leg coming in a sharp slide through 0.7142 on broad USD strength after Friday's 172K NFP. A weekend gap down opened near 0.7022 and printed a two-month low at 0.70195; the bounce to 0.70778 lacked follow-through and price is now consolidating below EMA20 with RSI(14) flat near 47.
Support: 0.70195, 0.7000
Resistance: 0.7052, 0.70778, 0.7105
What it said to watch
Break below 0.70195 opens the path to the 0.7000 psych level
Reclaim of EMA20 near 0.70520 and a close above 0.70778 would ease the downside pressure
US May CPI Wed 12:30 UTC is the dominant near-term catalyst and could shift this read
22:02 UTC
Downtrend, bounce fading · RSI 43 · price 0.70447
Lower highs, holding above week low.
AUDUSD has trended lower all week, with Friday's blowout US NFP (172K) driving a sharp leg from the 0.718 area down to a near two-month low at 0.70195. The post-weekend bounce stalled in the mid-0.707s and price has since faded back under EMA(20) near 0.70530, RSI(14) cycling in the low 40s. Lower highs remain intact while the week low holds.
Support: 0.70195, 0.7000
Resistance: 0.7053, 0.7070, 0.70778
What it said to watch
H1 close back above 0.70530 EMA20 would ease the downside pressure
Break below 0.70195 week low opens the 0.7000 psych level
US May CPI Wed 12:30 UTC is the dominant near-term catalyst and could reset this read
21:03 UTC
Downtrend, consolidating near lows · RSI 44 · price 0.70443
Lower highs into the week, chopping in mid-0.7000s.
A USD melt-up after Friday's strong 172K NFP drove AUDUSD to 8-week lows, marking the week's dominant down-leg from the 0.718 area. Since the weekend gap reopen near 0.7020 price bounced to 0.70778 then faded back into the mid-0.7040s, holding below EMA(20) with RSI(14) stuck in the mid-40s. Bounces this week have lacked follow-through and supply has capped each attempt below 0.7080.
Support: 0.70341, 0.70195, 0.7000
Resistance: 0.7053, 0.70778
What it said to watch
H1 close back above the EMA20 near 0.7053 needed to re-challenge the 0.70778 week high
Failure to hold 0.70341 reopens the 0.70195 week low and the 0.7000 psych level
Lower highs and lower lows, basing near range floor.
AUDUSD broke down hard Friday on the 172K US NFP beat, posting one of its largest one-day drops of the year from 0.7142 to the 0.7037 week low. Price has since chopped in the mid-0.7000s; a NY-session push to 0.7078 was rejected and the pair now sits back at EMA20, below both EMAs with RSI mid-40s. The 0.7037 week low and 0.7000 psych level frame the floor while supply caps each bounce around 0.7078.
Support: 0.70372, 0.70195, 0.7000
Resistance: 0.70778, 0.70548, 0.71026
What it said to watch
H1 close above 0.70778 would break the lower-high sequence
Loss of 0.70372 week low opens the path to 0.7000
US CPI (Wed 12:30 GMT) is the primary near-term USD driver and could reset this read
20:02 UTC
Downtrend, attempting to stabilise · RSI 45 · price 0.70448
Lower highs into a weekend gap, then sideways recovery.
AUDUSD spent the week sliding under a USD melt-up after Friday's hot 172K NFP, with the dominant leg dropping from the 0.7143 area to a fresh week low at 0.70195. Price gapped lower into the new week then recovered into the mid-0.7050s, but the bounce stalled at 0.70778 and has faded back toward the lows. Trading below EMA20 and EMA50 with RSI(14) cycling in the 40s — the recovery lacks follow-through.
Support: 0.70195, 0.7000
Resistance: 0.70778, 0.71026
What it said to watch
Hourly close above 0.70778 session high would challenge the lower-high sequence
Loss of 0.70195 week low opens the path toward 0.7000 psych
US CPI Wed 12:30 GMT is the defining USD catalyst and can reshape this read
AUDUSD posted its sharpest slide of the week into Friday's NFP beat (172K), tumbling from the low 0.714s and reopening with a weekend gap down toward the 0.70195 swing low. Price is now chopping in the mid-0.7000s, capped below EMA20 and EMA50 after a failed push to 0.70778 in the NY session. RSI(14) sits mid-40s — no recovery in momentum yet.
Support: 0.70195, 0.7000
Resistance: 0.70778, 0.71026
What it said to watch
H1 close above 0.70778 would break the run of lower highs
Loss of 0.70195 opens the path toward the 0.7000 psych level
US CPI Wed could materially shift this read
19:02 UTC
Downtrend, basing after bounce · RSI 45 · price 0.70458
Lower highs into a weekly low, corrective bounce fading.
AUDUSD sold off through the week toward a 0.70341 weekly low after Friday's hot US NFP fuelled the USD bid, then gapped lower over the weekend before buyers stepped in twice around 0.7035. Monday's session bounce stalled at 0.70778 and price has faded back below the EMA20 near 0.7052, with RSI(14) cooling into the mid-40s. The mid-0.7000s remain the pivot between the bounce and a renewed leg lower.
Support: 0.70341, 0.7000
Resistance: 0.7052, 0.70778
What it said to watch
US CPI Wed 12:30 GMT is the primary near-term driver for this pair
H1 close below 0.70341 confirms a lower low and opens the path toward 0.7000
Reclaim of 0.70778 session high needed to extend the bounce
19:02 UTC
Downtrend, basing after impulse · RSI 44 · price 0.70458
Post-NFP leg lower, ranging mid-0.7050s.
AUDUSD remains in a downtrend after Friday's strong 172K US NFP fuelled a USD melt-up and the pair's sharpest one-day drop of the year into the weekend. Price gapped lower to the 0.70195 week low at the new session open, bounced to a 0.70778 session high, and has since rolled back toward 0.7045 with RSI hovering in the low 40s below both EMAs. The 0.70620/0.70778 band has capped the recovery while 0.70341 supports the lower end of the range.
Support: 0.70341, 0.70195, 0.7000
Resistance: 0.7062, 0.70778
What it said to watch
Hourly close below 0.70195 confirms a lower low and opens the path toward 0.7000 psych
Reclaim of 0.70778 session high needed to ease downside pressure
US CPI Wed 12:30 GMT is the defining catalyst for this read
18:02 UTC
Downtrend, attempting to base · RSI 45 · price 0.70497
Choppy range after sharp NFP drop, higher lows since Monday.
Friday's strong US NFP print drove AUDUSD's sharpest leg of the week, dumping from the 0.7143 region down through 0.7037 before a weekend gap lower to 0.70195. Since Monday's open price has clawed back into the mid-0.7000s, carving higher lows and tagging a 0.70778 week high before fading; RSI(14) is cycling around the mid-40s and the EMA20 is now capping rallies near 0.7053. Structure remains a recovery-within-downtrend, with the gap from the NFP shock still unfilled overhead.
Support: 0.7034, 0.70195, 0.7000
Resistance: 0.70778, 0.7105
What it said to watch
H1 close above 0.70778 week high invalidates the consolidation read
Loss of 0.70195 week low opens the path toward 0.7000 psych
US CPI Wed 12:30 UTC is the primary swing factor and could materially shift this read
18:02 UTC
Downtrend, attempting to stabilise · RSI 47 · price 0.70497
Lower highs into the week low, chopping in mid-0.7000s.
AUD/USD broke down hard mid-week on the USD melt-up after May NFP shocked at 172K, driving one of the year's largest one-day declines to a near-eight-week low at 0.70195. NY session bounced into 0.70778 but the recovery faded back below EMA20, with price now hugging the mid-0.7000s. RSI(14) has lifted off oversold but remains sub-50, in line with the broader decline.
Support: 0.70195, 0.7000
Resistance: 0.70778
What it said to watch
Loss of 0.70195 confirms a lower-low and opens the path toward the 0.7000 psych level
An H1 close back above 0.70778 session high would challenge the lower-high structure
US CPI (May) Wed 12:30 UTC is the primary near-term driver and could materially shift this read
17:03 UTC
Downtrend, attempting to stabilise · RSI 47 · price 0.70501
Broke support Friday, now ranging above 8wk low.
The week was dominated by Friday's sharp selloff after the hot US NFP print (172K), which drove AUDUSD through the 0.7120 support toward an eight-week low near 0.7020. Price gapped down to 0.70227 at Monday's open, then recovered through the Asia and NY sessions to a 0.70778 session high before fading back to mid-0.705. Price sits just below EMA20 and well under EMA50 with RSI hovering near 47 — momentum has flattened after the impulse but the broader structure stays lower.
Support: 0.70341, 0.70195
Resistance: 0.70778, 0.71026, 0.7105
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term catalyst and could materially shift this read
H1 close below 0.70195 confirms a lower low and opens the path toward 0.7000
Reclaim of 0.70778 session high needed to ease the downside structure
17:02 UTC
Downtrend, bounce fading · RSI 46 · price 0.70501
Lower highs after weekend gap down.
AUDUSD sold off hard Friday on the 172K NFP beat, slicing through 0.7120 and gapping lower into Monday's open near the 0.7020 eight-week low. A relief bounce stalled at 0.70778 — close to the 0.5 retracement of the selloff — and price has since rolled back toward the EMA20 around mid-0.7050s. RSI(14) sits near 46, reflecting the fading bounce within a still-lower-high structure.
Support: 0.70341, 0.7020, 0.7000
Resistance: 0.70778, 0.70814
What it said to watch
US CPI (Wed 12:30 UTC) is the dominant USD driver and could materially shift this read
Loss of 0.70341 reopens the 0.7020 low and 0.7000 psych level
H1 close above 0.70778 would break the run of lower highs
16:02 UTC
Downtrend, bounce fading · RSI 47 · price 0.70519
Lower highs after week-low rebound.
AUDUSD posted a sharp downtrend this week, breaking 0.7120 after the hot US NFP print and Middle East risk-off drove broad USD demand. Price bottomed near the 0.7020 eight-week low, then bounced into the NY session to 0.7078 before fading back below EMA20 to mid-0.7050s. The bounce is capped by lower highs and the week's drop still dominates structure.
Support: 0.70372, 0.70195, 0.7000
Resistance: 0.70778, 0.71026
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term catalyst for this read
Failure to hold 0.70372 reopens the path toward the 0.70195 week low and 0.7000 psych
H1 close above 0.70778 session high would challenge the lower-highs sequence
AUDUSD broke through 0.7120 on Friday's hot US NFP and risk-off flows, gapping lower over the weekend and probing an eight-week low near 0.70195. Price has since recovered to 0.70778 in NY hours and is chopping back to mid-0.7050s, holding the EMA(20) but capped well below the EMA(50). RSI(14) has lifted off oversold toward 48 as the bounce matures.
Support: 0.70341, 0.70195
Resistance: 0.70639, 0.70778, 0.71026
What it said to watch
US CPI Wed 12:30 UTC is the dominant USD driver and could materially shift this read
Failure to hold 0.70195 confirms continuation toward the 0.7000 area
H1 close above 0.70778 breaks the lower-high sequence and opens 0.71026
Lower highs and lower lows, consolidating above 2-month low.
AUDUSD sold off sharply through Thursday's NY session, sliding from ~0.7140 to a 2-month low near 0.7020 on the strong US NFP-driven USD bid and Mid-East risk-off flows. A weekend gap down preceded a modest recovery; price now sits back above EMA(20) near 0.7059 but the 0.7078 session high has capped the bounce. RSI(14) has lifted off its lows to mid-range as the rebound loses traction below 0.7100.
Support: 0.7035, 0.7020
Resistance: 0.7078, 0.7100, 0.7120
What it said to watch
Reclaim of 0.7100 needed to challenge the broader 0.7120 pivot
Loss of 0.7035 swing low reopens the 0.7020 week low
US CPI Wed is the dominant catalyst and could materially shift this read
AUD slid all week from 0.718 toward 0.702 on soft Q1 GDP and a strong US NFP that rebuilt USD longs, then gapped lower over the weekend to the 0.70195 week low. Price has since recovered into the mid-0.705s, reclaiming EMA(20) but capping below EMA(50) near 0.708, with RSI(14) lifting off oversold toward the mid-50s. The 0.70778 session high has held the bounce so far.
Support: 0.70347, 0.70195
Resistance: 0.70778, 0.7112
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
Loss of 0.70195 week low opens the path toward 0.7000
Reclaim of the 0.7112 pivot would break the week's lower-high structure
14:02 UTC
Downtrend, bouncing off lows · RSI 51 · price 0.70577
Lower lows then recovery chop in mid-0.7000s.
AUD/USD stays in a downtrend after Friday's strong US NFP dragged the pair from ~0.7135 to an 8-week low at 0.70195, with a weekend gap lower adding pressure. Through the NY session price has clawed back into the mid-0.7000s, finding demand near 0.7040 and stalling at the 0.70778 session high. RSI(14) has recovered toward 50 off oversold; price sits just above EMA(20) but remains capped under EMA(50).
Support: 0.7040, 0.70195
Resistance: 0.70778, 0.7095, 0.7100
What it said to watch
Close above 0.70778 then 0.7095 would extend the recovery off the weekly low
Loss of 0.7040 key support reopens 0.70195 and fresh lows
US CPI Wed is the dominant catalyst and could materially shift this read
14:02 UTC
Downtrend, bouncing off lows · RSI 53 · price 0.70577
Fresh 8-week low then recovery.
AUDUSD opened the week near 0.7185 and was dragged through 0.7120 to fresh ~8-week lows around 0.7020 on the post-NFP USD bid. A weekend gap lower into Monday was followed by a recovery that reclaimed EMA(20), pushing back to a 0.70778 session high before easing to 0.70577. Price sits below EMA(50) with RSI(14) cycling off oversold, leaving the broader downtrend intact while the bounce works the 38.2% retrace of the week's decline.
Support: 0.7042, 0.70195
Resistance: 0.70778, 0.7084, 0.7095
What it said to watch
Hourly close above 0.70840 (38.2% fib) opens the path to the 0.7095 pivot
Failure to hold 0.7040 support confirms continuation toward the 0.70195 week low
US CPI Wed is the dominant catalyst and could reset this read
AUDUSD sold off through the week from 0.7185 after Friday's strong US NFP drove a broad USD bid, bottoming near 0.7020, the week low. Price has based and recovered through Monday's session, reclaiming EMA20 with RSI cycling back toward mid-50s. The session high near 0.7080 caps the bounce, with the 0.7095 pivot sitting above and EMA50 still overhead.
Support: 0.7040, 0.7020
Resistance: 0.7080, 0.7095
What it said to watch
H1 close above 0.7080 session high opens the 0.7095 pivot
Failure to hold 0.7040 key support reopens the 0.7020 week low
US CPI Wed 12:30 GMT is the dominant catalyst and could reset this read
AUDUSD spent the week grinding lower from Monday's ~0.7174 open through to an eight-week low near 0.7020 as the strong US NFP fuelled a broad USD bid. Price has since reclaimed EMA(20) on a steady bounce off the 0.702 area, RSI(14) lifting back near 61. The session high at 0.70778 has capped the recovery so far, with 0.7095 the next upside pivot.
Support: 0.7050, 0.70372, 0.70195
Resistance: 0.70778, 0.7095
What it said to watch
H1 close above 0.70778 opens the path to the 0.7095 pivot
Failure to hold 0.70372 reopens the 0.70195 week low
US CPI Wed 12:30 GMT is the dominant catalyst and could reshape this read
AUDUSD slid all week from the 0.7187 area as the strong US NFP beat fuelled a broad USD bid, printing a fresh near 8-week low at 0.70195 after a weekend gap lower. The current session has carved a rounded recovery off that low, reclaiming the EMA20 and pushing into the 0.70778 session high. RSI(14) has lifted out of oversold toward 60, but the broader structure of lower highs remains intact below the 0.71040 breakdown.
Support: 0.7041, 0.70195
Resistance: 0.70778, 0.7104, 0.7127
What it said to watch
US May CPI (Wed 12:30 UTC) is the dominant driver and could reset this read
Close above 0.70778 then 0.71040 would extend the relief bounce toward 0.7127
Failure to hold 0.70410 reopens the 0.70195 week low
11:02 UTC
Downtrend, attempting to stabilise · RSI 52 · price 0.7057
Lower highs and lower lows, bounce off the lows.
AUD has been on the back foot all week, sliding from ~0.7185 toward fresh two-month lows near 0.7020 into Friday's NY session as a firm USD on the 172K NFP and Mideast risk-off dominated. Price reopened lower after the weekend gap but has clawed back above EMA(20), with RSI(14) lifting off oversold toward the 50 line. The 0.7064 session high caps the recovery, while EMA(50) overhead still leans against the bounce.
Support: 0.7037, 0.7020
Resistance: 0.7064, 0.7095, 0.7120
What it said to watch
US CPI Wed 12:30 GMT is the dominant near-term swing factor for this read
H1 close above 0.7095 pivot would challenge the downtrend structure
Failure to hold 0.7037 reopens the 0.7020 two-month low
10:02 UTC
Downtrend, consolidating after impulse · RSI 47 · price 0.70506
Broke 0.7120, basing mid-0.7000s.
AUDUSD stayed offered all week, breaking the 0.7120 support after Friday's blowout US NFP and risk-off Iran-Israel flows, then gapping lower into this week's open. Price is now consolidating in a 0.70195-0.70590 band with RSI(14) recovered off oversold but EMA(20) capping rallies near 0.7050. The dominant move remains the impulsive drop from 0.7188 to the 0.7037 area.
Support: 0.70341, 0.70195
Resistance: 0.7059, 0.70816, 0.7095
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Close above 0.70590 then 0.70816 needed to challenge the broken 0.7095 zone
Failure to hold 0.70341 reopens 0.70195 week low
09:02 UTC
Downtrend, attempting to stabilise · RSI 46 · price 0.70482
Consolidating above 2-month low after a steep drop.
AUDUSD broke hard through the week's range after Friday's blowout US NFP and risk-off USD demand, slicing from the 0.7140s to a 2-month low at 0.70195. Price has since swept that low and is consolidating in the mid-0.7040s, holding above the rebuilding EMA(20) but capped well below the EMA(50). RSI(14) has lifted back to the mid-40s as the selling pressure eases, with 0.70616 capping the bounce twice.
Support: 0.70195, 0.70341
Resistance: 0.70616, 0.70814, 0.7100
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Lower highs and lower lows, holding above week low.
AUDUSD broke hard Friday as the blowout US NFP (172K) and Middle East risk-off bid the dollar, slicing through the 0.7040 support and printing a week low at 0.70372. The week reopened with a downside gap to 0.70227 before Monday's session clawed back to 0.70591, where the bounce stalled. Price now sits below EMA20 and EMA50 with RSI near 43, recovering from oversold but still inside a lower-high structure.
Support: 0.70372, 0.70195
Resistance: 0.70591
What it said to watch
H1 close back above 0.70591 would reclaim the gap and challenge the lower-high line
Failure to hold 0.70372 confirms continuation toward 0.70195
US CPI (Wed 12:30 UTC) is the next catalyst that could materially shift this read
AUDUSD sold off hard into Friday's close, breaking the 0.7040 support zone as the blowout US NFP (172K) and Middle East risk-off bid the dollar. After the weekend gap lower to 0.70195, the Aussie has based and recovered toward the 0.70584 session high, but price remains well below EMA20/EMA50 with the broken 0.7040 shelf now acting as overhead. RSI(14) has lifted off oversold but sits below 45, consistent with corrective trade inside a dominant downtrend.
Support: 0.70195, 0.70341
Resistance: 0.70584
What it said to watch
US CPI Tue 10 Jun 12:30 UTC could materially shift this USD-led read
H1 close above 0.70584 would challenge the lower-high sequence
Failure to hold 0.70195 confirms continuation lower
Middle East headlines keep the safe-haven USD bid live
AUDUSD sold off hard through Friday's NFP beat (172K), accelerating below the 0.7120 pivot and printing a fresh week low at 0.70195 after the weekend gap. Price is trading well below EMA20 and EMA50 with a modest bounce into 0.70584 stalling; the broad-USD bid keeps structure pointed lower. The 0.7000 psych level sits as the next reference below the week low.
Support: 0.70195, 0.7000
Resistance: 0.70584, 0.70816, 0.7120
What it said to watch
Loss of 0.70195 week low confirms continuation lower toward 0.7000 psych
Reclaim of 0.70816 gap edge would ease the downside read
US CPI Wed 12:30 UTC could materially shift this read via USD
AUDUSD sold off hard Friday into the NY session after the blowout US NFP (172K) revived the dollar, slicing through 0.7150 and the 0.7100 round number to a week low of 0.70195 after the weekend gap down. Price has since clawed back to 0.7046, holding below both EMA(20) and EMA(50) with RSI(14) lifting off oversold. The session high at 0.70580 has capped the recovery so far.
Support: 0.70195, 0.7004
Resistance: 0.7058, 0.70816, 0.7100
What it said to watch
Reclaim of 0.70580 and the 0.70816 shelf would ease the downside read
Failure to hold 0.70195 confirms a fresh lower low toward 0.7040
US CPI Wed could materially shift the USD-driven tape
Mid-June RBA decision is the dominant near-term AUD catalyst
Lower highs and lower lows, modest recovery off the low.
Sustained downtrend since midweek: AUDUSD slid from the 0.7180s after a soft Q1 GDP miss and accelerated through 0.7100 into Friday's NY session as a blowout US NFP (172K) lifted the dollar. Price gapped lower into the new week, printing 0.70195, before a shallow bounce back to 0.7050. Price remains below EMA20 and EMA50 with RSI(14) recovering off oversold but still sub-50.
Support: 0.70195, 0.70372, 0.7000
Resistance: 0.70616, 0.70814, 0.71026
What it said to watch
H1 close back above 0.70616 session high would ease the downside read
Failure to hold 0.70195 confirms continuation of lower lows
US CPI Wed (Jun 10) is the dominant near-term catalyst and could materially shift this read
AUDUSD broke down through 0.7140 after Friday's blowout US NFP (172K) lifted the dollar broadly, then gapped lower into the new week to a fresh low near 0.7020 before demand stepped in toward 0.7050. Price sits well below EMA20 and EMA50 with the downtrend intact; the 0.7062 session high is capping the bounce so far. US CPI on Jun 10 is the dominant near-term risk into the move.
Support: 0.70372, 0.70195
Resistance: 0.70616, 0.70805, 0.7120
What it said to watch
H1 close above 0.7062 needed to challenge the 0.7080 prior high
Failure to hold 0.7037 reopens the 0.7020 gap low
US CPI Jun 10 could materially shift this read
02:02 UTC
Downtrend, attempting to stabilise · RSI 42 · price 0.70501
Lower highs and lower lows, bouncing off week low.
AUDUSD sold off hard through Friday's NY session after the strong US NFP print (172K), breaking the 0.7120 pivot and extending to 0.70372 before a weekend gap lower to 0.70227. Price has since clawed back toward 0.7060, but sits well below the H1 EMA20 and EMA50, keeping the lower-high/lower-low structure intact. RSI(14) has lifted off oversold as buyers defended the 0.70195 week low.
Support: 0.70195, 0.70372
Resistance: 0.70616, 0.71187, 0.71433
What it said to watch
US CPI on Jun 10 is the dominant near-term catalyst and could reset this read
H1 close below 0.70195 confirms a fresh lower low
Reclaim of 0.70616 then 0.71187 needed to ease downside momentum
01:02 UTC
Downtrend, bouncing off lows · RSI 41 · price 0.70578
Lower highs and lower lows, weekend gap down.
AUDUSD has trended lower all week, breaking 0.7120 after the soft Q1 GDP miss and accelerating into Friday's US NFP beat (172K) which printed 0.7037. A weekend gap lower to 0.7020 was followed by a recovery bounce back to 0.7058, but price remains below both EMA20 and EMA50 with RSI sub-45. The 0.70195 week low is the immediate floor and 0.70605 has capped the bounce so far.
Support: 0.70195, 0.70372, 0.7004
Resistance: 0.70605, 0.7075, 0.7095
What it said to watch
H1 close back above EMA20 ~0.70750 would soften the downside read
Failure to hold 0.70195 opens the 0.7040 floor zone
US CPI Wed could materially shift this read via USD momentum
AUDUSD broke the 0.7120 pivot Friday and slid into the weekly low at 0.70195 as a blowout US NFP (172K) lifted the dollar broadly. Price trades below both EMA20 and EMA50 with the Monday reopen recovering off the lows toward the 0.70600 shelf, but the breakdown at 0.71026 still caps. RSI(14) has lifted off oversold as the down-leg stalls, with US CPI Tuesday the next catalyst.
Support: 0.70195, 0.7000
Resistance: 0.7060, 0.71026, 0.7120
What it said to watch
Loss of 0.70195 confirms a fresh lower-low toward the round number
H1 close back above 0.70600 shelf eases the downside read
Reclaim of the 0.7120 pivot neutralises the breakdown
US CPI Tue 12:30 UTC could materially shift this read