AUD/USD AI Live Scan, 4-hour chart, Friday, 12 June 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.
17:03 UTC
Downtrend, bounce off lows · RSI 48 · price 0.70467
Lower highs, lower lows; basing near range floor.
AUDUSD has carved a clean downtrend since early month, printing lower highs and lower lows into a 0.69787 trough as hot US PPI and a firmer dollar pinned the Aussie near two-month lows. Price has since recovered to consolidate around 0.7045, reclaiming the EMA20 but capped beneath the EMA50 and the 0.7060 area that aligns with the 38.2% retracement of the 0.72002-0.69787 leg. ATR has cooled from the early-week expansion, leaving price coiling between the round 0.7000 floor and 0.7060 supply.
Support: 0.7000, 0.69787
Resistance: 0.7060
What it said to watch
H4 close above 0.7060 invalidates the lower-high downtrend read
Failure to hold 0.7000 reopens the 0.69787 swing low
RBA rate decision Jun 16 04:30 UTC could materially shift this read
AUDUSD has graded lower through the window in a clean sequence of lower highs, bottoming twice near 0.6979 as hot US PPI kept the USD bid and pinned the Aussie at two-month lows. A sharp recovery candle off 0.698 lifted price back above EMA20 but still below the declining EMA50, leaving the bounce capped under the 0.7060 resistance band. ATR(14) is moderate after the impulsive drop, with the 0.6979 trough now the pivot for the next leg.
Support: 0.6979, 0.7000
Resistance: 0.7060, 0.70778
What it said to watch
RBA statement Tue 04:30 UTC is the dominant catalyst and could materially shift this read
H4 close below 0.6979 confirms a fresh lower low and negates the double bottom
Decisive close above 0.7060 50% fib opens the path back toward the 0.70778 prior high
13:03 UTC
Downtrend, bounce off lows · RSI 45 · price 0.7038
Lower highs, two-month low tested.
Downtrend intact on H4 with lower highs since the early-month peak near 0.7200; price printed a two-month swing low at 0.6980 before clawing back on Mideast peace hopes. Hot US PPI rebuilt the USD and capped the recovery near the 0.7050 50% fibo, leaving price consolidating just under it. ATR(14) around 28 pips reflects a compressing range below the 0.7060 strong resistance.
Support: 0.7000, 0.6980
Resistance: 0.7050, 0.7060
What it said to watch
RBA decision Tue could materially shift this read
H4 close above 0.7060 invalidates the lower-high structure
Failure to hold 0.6980 swing low confirms continuation lower
Lower highs and lower lows, bouncing off 2-month low.
AUDUSD has trended lower for three weeks, carving lower highs and lower lows into a two-month low near 0.6979 before a sharp bounce reclaimed 0.7050. That rally faded back to 0.7038 as a firmer USD — rebuilt on the hot US PPI print — capped the move; price now sits between the 0.6980 floor and the 0.7050/0.7060 supply band. ATR remains elevated, consistent with the extended down-leg rather than compression.
Support: 0.6980, 0.7000
Resistance: 0.7050, 0.7060
What it said to watch
RBA rate decision Tue Jun 16 04:30 GMT — statement tone is the swing factor
H4 close above 0.7060 would break the lower-high sequence
Failure to hold 0.6980 confirms continuation of the lower-low structure
09:03 UTC
Downtrend, near two-month lows · RSI 43 · price 0.7030
Lower highs, lower lows; bounce off 0.6979.
AUDUSD remains in a clean downtrend, grinding to two-month lows near 0.6979 as hot US PPI revived the USD bid and soft Australian data eroded RBA tightening conviction. A sharp recovery candle reclaimed the 0.7050-0.7055 shelf before price settled back at 0.7030, leaving the structure of lower highs and lower lows intact below descending EMAs. ATR(14) near 24 pips reflects a steady, controlled decline rather than a volatility blowout.
Support: 0.6987, 0.6975
Resistance: 0.7055
What it said to watch
RBA statement Tue 04:30 GMT is the dominant catalyst for this read
H4 close above the 0.7055 fibo shelf would challenge the lower-high structure
09:03 UTC
Downtrend, bouncing off lows · RSI 46 · price 0.7030
Lower highs and lower lows; sharp recovery off the 0.6979 base.
AUDUSD has carved a clean downtrend from the 0.7200 top into the 0.6979 two-month low, with USD resilience on the hot US PPI print weighing on the Aussie all week. Demand stepped in sharply at 0.6979, snapping price back above EMA20 toward the 0.7055 supply shelf before fading to 0.7030. ATR is steady around 30 pips and the move is corrective within the broader down-leg unless the 0.7090 50% fib is reclaimed.
Support: 0.6979, 0.6975
Resistance: 0.7055, 0.7090
What it said to watch
RBA decision Tue 04:30 GMT is the dominant catalyst for the next bars
Failure to hold 0.6979 / 0.6975 confirms continuation of the lower-low sequence
H4 close above 0.7055 supply shelf would challenge the downtrend read
05:03 UTC
Downtrend, bounce off lows · RSI 46 · price 0.70377
Lower highs and lower lows; reclaiming 0.7000.
AUDUSD has trended lower for two weeks, slipping from the 0.7190 area to a fresh swing low at 0.6979 as a firm USD on hot PPI and risk-off flows pressured the Aussie. The last bar window shows a sharp snap-back above the 0.7000 psychological pivot — a false break of the lows — lifting price back over EMA20 while EMA50 still caps overhead near 0.7080. Bounce remains contained beneath the 0.7050-0.7060 zone that has faded prior rallies.
Support: 0.6979, 0.7000
Resistance: 0.7055, 0.7110
What it said to watch
RBA decision Tue 04:30 UTC — dovish output-gap language could extend the move toward 0.6975, a hawkish hold could squeeze toward 0.7055
H4 close above 0.7060 would break the lower-high sequence
Failure to hold 0.7000 reopens the 0.6979 swing low
AUDUSD has trended lower since the early-month roll off 0.7200, pinned near two-month lows as a firmer USD on hot PPI and risk-off flows weighs. Price swept the 0.6979 swing low before a sharp recovery candle back into the 0.7050 faded-bounce zone, leaving the H4 below both EMA20 and EMA50. ATR is steady around 23 pips and the broader bearish structure stays intact while rallies cap below 0.7080.
Support: 0.69787, 0.7000, 0.6975
Resistance: 0.7080
What it said to watch
RBA decision + statement Tue 16 Jun 04:30 UTC is the key catalyst for this read
H4 close above 0.7080 would break the lower-high sequence
Failure to hold 0.6979 confirms continuation toward the 0.6975 area
Lower highs, lower lows; bounce off two-month low.
AUDUSD has trended lower since the early-month rejection at 0.7205, printing consistent lower highs and lower lows into a fresh two-month low at 0.6979. The latest H4 bar staged a sharp bounce off that zone back toward 0.7050, lifting RSI off oversold, but price remains well below both EMAs with the broader structure heavy — consistent with a firm USD into FOMC and risk-off pressure on AUD. The 0.7000 psych pivot and 0.6979 low frame the floor, while 0.7060 caps the recovery.
Support: 0.6979, 0.7000, 0.6975
Resistance: 0.7060, 0.7190
What it said to watch
H4 close above 0.7060 would break the descending lower-highs structure
Failure to hold 0.7000 reopens 0.6975 and the prior lows
RBA decision + statement Tue 04:30 UTC — tone is the catalyst that could reset this read
Lower highs and lower lows; bounce off 0.6979 base.
AUDUSD remains in a clear multi-week downtrend off the 0.7200 high, pinned near two-month lows as a firm USD and risk-off tone weigh. The last bar staged a sharp bounce off the 0.6979 swing low, the second test of that base, lifting price back toward the 0.7060 resistance band. Momentum is recovering from oversold but the broader lower-high structure stays intact below 0.7115.
Support: 0.6979, 0.7000
Resistance: 0.7060, 0.7115
What it said to watch
H4 close above 0.7060 would break the descending lower-high sequence
Failure to hold 0.7000 psych re-exposes the 0.6979 swing low
RBA rate decision and statement Tue 16 Jun is the primary catalyst for this read