AUD/USD AI Live Scan, 4-hour chart, Wednesday, 8 July 2026
Every read JAFX AI made on the AUD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Downtrend easing into a base · RSI 52 · price 0.69365
Range-bound 0.6900-0.6980 after multi-day slide.
AUDUSD sold off from the early-window 0.7088 area to a 0.6865 base, then carved out a rounded bottom and is grinding higher within a 0.6900-0.6980 range as softer Aussie inflation and a firm safe-haven USD offset each other. Higher lows have built off the base and price has reclaimed the EMA20, but the 0.6960 swing high continues to cap. ATR(14) is compressed near 31 pips, consistent with a coiling range.
Support: 0.6906, 0.6900, 0.6870
Resistance: 0.6960, 0.6980, 0.7010
What it said to watch
H4 close above 0.6980 opens the path back toward 0.7010
Failure to hold 0.6900 exposes the 0.6870 zone and March lows near 0.6835
FOMC Minutes today and US CPI on Jul 14 could materially shift this read
Sharp early-July slide from 0.7088 bottomed at a 0.6866 double-bottom, after which price recovered into a 0.6900–0.6960 range. Rebound stalled at 0.6960 (near the 38.2% retrace of the decline) with buyers stepping in twice around 0.6900, keeping structure penned as softer Aussie inflation and a firm safe-haven USD offset. FOMC Minutes land today, the primary near-term catalyst for this read.
Support: 0.6900, 0.6866
Resistance: 0.6960, 0.6980
What it said to watch
H4 close above 0.6960 opens the path toward the 0.6980 range top
Failure to hold 0.6900 exposes the 0.6866 swing low
FOMC Minutes today could materially shift this range read
17:03 UTC
Downtrend stalled, now range-bound · RSI 45 · price 0.69112
Double bottom near 0.6865, recovery capped at 0.6959.
The early-July downtrend from 0.708 stalled into a double bottom around 0.6865, with the recovery leg capped and rejected at the 0.6959 swing high. Price is now retracing back toward the middle of the 0.6865–0.6980 range as ATR compresses. AUD sits pinned near 0.6910 with softer domestic inflation and Middle-East risk-off offsetting hawkish RBA rhetoric.
Support: 0.6900, 0.6865, 0.6835
Resistance: 0.6959, 0.6980
What it said to watch
H4 close above 0.6959 swing high opens a retest of the 0.6980 range top
Break below the 0.6900 psych level exposes the 0.6865 double bottom and 200-dma at 0.6835
FOMC minutes at 18:00 UTC could materially shift the USD leg of this read
17:03 UTC
Range within broader downtrend, recovery stalling · RSI 45 · price 0.69112
Higher lows off 0.6866, capped at 0.6960.
AUDUSD bottomed near 0.6866 in late June and has ground higher in a higher-low sequence, but the recovery stalled at 0.6960 and price has since slipped back below the EMA20/EMA50 cluster to 0.6911. The pair remains boxed in the 0.6866-0.6980 range flagged all week, with Middle-East risk-off USD demand capping rallies. ATR(14) near 25 pips reflects contained, range-bound conditions.
Support: 0.6900, 0.6866, 0.6835
Resistance: 0.6960, 0.6980
What it said to watch
FOMC minutes at 18:00 UTC could materially shift this read
H4 close above 0.6960 opens the path toward 0.6980 range top
Failure to hold 0.6900 exposes the 0.6866 swing low and 200-dma at 0.6835
13:04 UTC
Recovery within broader downtrend · RSI 47 · price 0.69143
Higher lows off base, capped near 0.6960.
AUDUSD carved a rounded base between 0.6864 and 0.6900 through mid-June and has since built higher lows, but the recovery stalled at 0.6959 — the 38.2 fibo of the 0.7088-0.6864 slide — with rejection there dragging price back toward the 0.6900 round number. The context read is a two-way one: hawkish RBA rhetoric against softening Aussie inflation and a soft US NFP, all pinned by Hormuz-driven USD safe-haven demand. ATR remains compressed, keeping the pair boxed in the 0.6900-0.6960 band.
Support: 0.6900, 0.68649
Resistance: 0.6955, 0.6980
What it said to watch
H4 close above 0.6955 (38.2 fibo) opens the path to the 0.6980 prior high
Failure to hold the 0.6900 round number exposes the 0.6864 swing low
FOMC minutes 18:00 UTC could materially shift the USD tone and this read
The early-month slide from 0.7088 bottomed at a 0.6865 double bottom and price has since recovered into a 0.6900-0.6960 consolidation. Supply capped the bounce near 0.6955, the 38.2% retrace of the whole decline, and the last bar rejected back toward 0.6900. ATR(14) near 21 pips reflects a compressed, range-bound regime with price pinned below both EMAs.
Support: 0.6900, 0.68649, 0.6830
Resistance: 0.6955, 0.6980
What it said to watch
H4 close above 0.6955 opens the 0.6970-0.6980 zone
Loss of 0.6900 exposes the 0.6865 base then 0.6830 200-dma
FOMC Minutes at 18:00 UTC could reprice USD and shift this read
AUDUSD has clawed back off the late-June low near 0.6865, building a sequence of higher lows but stalling under the 0.6959 swing high. The move sits within the broader 0.6865–0.6980 range flagged in the macro read, with ATR near 15 pips signalling compression as the market awaits China CPI and FOMC Minutes. Softer domestic inflation is capping upside conviction while extended net shorts leave the pair vulnerable to two-way swings.
Support: 0.6900, 0.68649
Resistance: 0.6959, 0.6980
What it said to watch
H4 close above 0.6959 opens the path to the 0.6980 range top
Loss of 0.6900 exposes the 0.6865 range low
FOMC Minutes at 18:00 UTC could materially shift this read
Price sold off from the early-July highs near 0.7088 to a base around 0.6867 before recovering toward 0.6959, and now trades mid-range near 0.6937. Structure is range-bound between 0.6870 and 0.6980 with a series of higher lows since the double-bottom base, matching the two-way tone as hawkish RBA rhetoric meets softer domestic inflation. ATR is subdued, consistent with consolidation rather than trend extension.
Support: 0.6900, 0.6867, 0.6921
Resistance: 0.6959, 0.6980
What it said to watch
H4 close above 0.6980 range top opens the path higher
Failure to hold 0.6900 exposes the 0.6870 range low
FOMC Minutes today 18:00 UTC could materially shift this read
The mid-window slide into a 0.6865 base has rounded off into a series of higher lows, with EMA20 now back above EMA50 and price recovering to a 0.6958 swing high before this pullback. Soft Aussie inflation is keeping the recovery capped below 0.6980 while a steady USD limits upside. ATR near 15 pips reflects an orderly, non-impulsive grind rather than a trend expansion.
Support: 0.6900, 0.6865
Resistance: 0.6958, 0.6980
What it said to watch
FOMC Minutes at 18:00 UTC could materially shift this read
A close above 0.6980 range cap opens the path back toward 0.7070
Failure to hold 0.6900 psych pivot exposes the 0.6865 swing low and 200-DMA zone below
The early-July downtrend from ~0.7090 bottomed around the 0.6865 base low before price carved a rounded bottom and recovered into 0.6939, stalling under the 0.6960 recent high. Higher lows have built since the base as soft Aussie inflation and a firm USD keep the pair pinned in a 0.6865-0.6980 band. Price is holding above both H4 EMAs with ATR in a moderate regime.
Support: 0.6900, 0.6865
Resistance: 0.6960, 0.6980
What it said to watch
H4 close above 0.6960 recent high opens the path to the 0.6980 cap
Failure to hold the 0.6900 psych pivot exposes the 0.6865 base low
FOMC Minutes today 18:00 UTC could materially shift this read via USD
01:03 UTC
Downtrend easing, now consolidating · RSI 46 · price 0.69201
Range within broader down leg, higher lows off base.
AUDUSD rolled over from the 0.7080 area through June and based near 0.6865, and has since coiled inside the 0.6870-0.6980 band flagged by banks. The bounce to 0.6959 was rejected and price has slid back below 0.6920, with ATR(14) compressed as the range tightens. FOMC minutes today are the near-term swing factor with USD driving the pair more than the thin AUD calendar.
Support: 0.6900, 0.6865, 0.6830
Resistance: 0.6959, 0.6980, 0.7070
What it said to watch
H4 close above 0.6980 opens the path toward the 0.7070 cap
Loss of 0.6900 re-engages the 0.6865 swing low and 200-dma zone
FOMC minutes 18:00 UTC could materially shift this read
AUDUSD carved a base near 0.6865 after the early-June slide and has ground out higher lows, tagging a two-week high at 0.6959 before this pullback to 0.6920 — consistent with the softer-USD lift off the weak NFP print. Price sits within the 0.6870–0.6980 consolidation flagged by the desks, capped below EMA20 while holding above EMA50. ATR(14) near 15 pips shows a compressing regime with no directional impulse.
Support: 0.6900, 0.6870, 0.68649
Resistance: 0.6960, 0.6980
What it said to watch
H4 close above 0.6960 then 0.6980 invalidates the range-top cap
Loss of 0.6900 re-engages downside toward the 0.6870 range low
FOMC minutes today 18:00 UTC could materially shift this read