AUD/USD AI Live Scan, 1-hour chart, Friday, 12 June 2026
Every read JAFX AI made on the AUD/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:02 UTC
Recovery off 0.6979, momentum slowing near resistance · RSI 57 · price 0.70495
Higher lows since the low, capped below 0.7060.
AUDUSD rebounded off the 0.6979 two-month low on Mideast de-escalation and a risk-on tone, recovering most of the week's drop from 0.7070 and holding above EMA(20) into the latest sessions. Price is now consolidating in the 0.7040–0.7055 band with RSI(14) cycling near 57; the 0.7055/0.7060 cap has stalled the advance. The mid-0.7000s lacks fresh follow-through buying after the bounce.
Support: 0.7042, 0.7000, 0.69787
Resistance: 0.7055, 0.7060, 0.70701
What it said to watch
H1 close above 0.7060 confirms 0.6979 as the cycle trough
Failure to hold 0.7042 EMA(20) reopens 0.7000 round number
RBA decision/statement Tue Jun 16 04:30 UTC — guidance is the catalyst, could reset this read
20:02 UTC
Recovery off the lows, momentum constructive · RSI 61 · price 0.70495
Higher lows since the 0.6979 trough.
AUDUSD has rebuilt a steady sequence of higher lows since carving out the 0.6979 two-month trough, with the sharpest leg coming through the NY session as Mideast de-escalation drove risk-on. Price now sits above EMA20 and EMA50 and is consolidating just under the 0.7060 cap that has repeatedly stalled this week's run. RSI(14) is cycling in the upper half near 60 as the rebound holds.
Support: 0.7027, 0.7000, 0.6979
Resistance: 0.7060
What it said to watch
Sustained H1 close above 0.7060 confirms 0.6979 as the cycle trough
Failure to hold 0.7000 reopens the 0.6979 week low
RBA decision/statement Tue 04:30 UTC is the key catalyst for this read
AUDUSD rebounded sharply off the 0.69787 two-month cycle low into the NY session as Mideast de-escalation drove risk-on, printing a 0.70594 week high before stalling. Price has since coiled in a tight band above the 0.70340 range floor, holding above EMA20 and EMA50 with RSI cycling in the mid-50s. The 0.7060 area has capped the advance, with consolidation respected just beneath it.
Support: 0.7034, 0.7000, 0.69787
Resistance: 0.70594
What it said to watch
Sustained H1 close above 0.70594 confirms 0.69787 as the trough
Loss of the 0.70340 range floor reopens the 0.7000 psych level
RBA decision/statement Tue 04:30 UTC — guidance is the catalyst and could reset this read
AUDUSD rebounded off Wednesday's 0.6979 two-month low, with the NY session driving the impulse to 0.7055 on Mideast de-escalation risk-on. Price has consolidated above EMA(20) since, RSI(14) holding mid-50s, but 0.7060 has capped follow-through. The 0.7040–0.7060 band is containing the late-week action with the hot US PPI keeping the USD firm.
Support: 0.7040, 0.7000, 0.6979
Resistance: 0.7060, 0.70594
What it said to watch
H1 close above 0.7060 confirms 0.6979 as the trough and opens higher
Loss of 0.7000 psych/fibo reopens the 0.6979 low
RBA statement Tue could materially shift this read
18:02 UTC
Recovery within broader downtrend · RSI 55 · price 0.70482
Consolidating above reclaimed EMA20 after basing.
AUDUSD slid a third straight day to a two-month low near 0.6979 as hot US PPI underpinned the USD, before a sharp recovery through the NY session lifted spot back to 0.7059. Price now holds above the reclaimed EMA20 around 0.7041 and is consolidating in the upper 0.704s, with RSI(14) cycling mid-range. The 0.70594 week high has capped the rebound and remains the level the recovery has to clear.
Support: 0.7041, 0.7034, 0.6979
Resistance: 0.70594
What it said to watch
H1 close above 0.70594 week high needed to extend the recovery; two attempts capped there
Failure to hold the 0.7034 range low reopens the path toward the 0.6979 weekly low
Loss of EMA20 around 0.7041 would weaken the recovery read
RBA statement Tue is the next scheduled catalyst for the Aussie
AUDUSD has clawed back off Tuesday's 0.6979 trough, rebuilding a series of higher lows into the latest session as a softer USD eased pressure. Price now holds above EMA20 and EMA50 but is stalling under the 0.7060 area that capped two attempts this week. RSI(14) cycling mid-50s reflects the recovery losing pace after the sharp lift off the lows.
Support: 0.7034, 0.7000, 0.6979
Resistance: 0.70594, 0.7060, 0.70701
What it said to watch
Sustained close above 0.7060 supply cap would open the path back to 0.7070
Loss of the 0.7034 swing low breaks the higher-low sequence
RBA statement risk later this week could materially shift this read
AUDUSD based twice near 0.6980 and recovered through the NY session, pulling back above EMA20 and EMA50 to trade in the mid-0.7040s. The bounce off the two-month low followed fading safe-haven demand as US-Iran de-escalation hopes trimmed the USD bid; resistance at 0.7060 has capped the rebound so far. RSI(14) has cycled back near 57 on the recovery without reaching extremes.
Support: 0.7042, 0.7030, 0.6979
Resistance: 0.7060
What it said to watch
Hourly close above 0.7060 opens the path higher; the level has capped the rebound
Loss of 0.7030 reopens the 0.6979 week-low trough
RBA decision and statement Tue 16 Jun could materially shift this read
AUD slid to a two-month low near 0.6980 mid-week as hot US PPI (6.5% YoY) bid the USD, then clawed back through Thursday and Friday into the 0.7050s. Price holds above EMA(20) with RSI(14) cycling back into the mid-50s on this recovery leg; 0.7060 has capped each rebound attempt this week. The week-low base around 0.6980 marks the structural floor of the move.
Support: 0.7030, 0.7000, 0.6980
Resistance: 0.7060, 0.7070
What it said to watch
H1 close above 0.7060 opens the path toward the 0.7070 week high
Failure to hold 0.7030 reopens the 0.7000 round number
RBA decision and statement Tue 16 Jun could materially reshape this read
Weekly range 0.6979-0.7070, higher lows off the base.
AUDUSD slid to a two-month low near 0.6979 mid-week as hot US PPI (6.5% YoY) fed USD demand, then recovered sharply through the NY session as Iran de-escalation hopes drained the safe-haven bid. Price now holds the low-0.7040s above a rising EMA20, with two pushes into 0.70594 stalling under the 0.7060 cap flagged by the broader read. RSI(14) cycling mid-50s as the recovery consolidates.
Support: 0.7042, 0.70207, 0.69787
Resistance: 0.70594, 0.70701
What it said to watch
H1 close above 0.70594/0.7060 needed to extend the recovery toward the 0.70701 week high
Failure to hold the higher-lows base near 0.7027 reopens the 0.6979 week low
RBA statement (Tue) is the medium-term swing factor — guidance, not the held rate
AUDUSD has clawed back off Wednesday's two-month low at 0.6979, that slide driven by hot US PPI bidding the dollar. Price now holds above EMA20 with RSI(14) mid-range near 56, and the 0.70594 week high has capped the latest NY push. Higher lows since the trough keep the recovery intact while the 0.7000 round number holds.
Support: 0.7030, 0.7000, 0.69787
Resistance: 0.70594, 0.70701
What it said to watch
H1 close above 0.70594 week high opens the path toward the 0.70701 prior high
Loss of 0.7000 round number reopens the 0.69787 week low
RBA rate decision and statement next Tuesday could materially shift this read
15:03 UTC
Recovering off two-month lows · RSI 61 · price 0.70519
Higher lows since Thursday trough, capped near 0.7060.
AUDUSD bled lower from Monday's 0.7053 open to a two-month low at 0.6979 as hot US PPI (6.5% YoY) kept the USD bid through the week. A sharp NY-session recovery on the Trump Iran-peace headline lifted spot back to the 0.7050s, and price has since carved higher lows above EMA(20) with RSI(14) cycling in the upper-50s/low-60s. Resistance at 0.7060 has capped the rebound, leaving the week high at 0.7070 untested.
Support: 0.7035, 0.7000, 0.6979
Resistance: 0.7060, 0.7070
What it said to watch
RBA rate decision/statement Tue 04:30 UTC is the dominant near-term catalyst for this read
H1 close above 0.7060 opens the path toward the 0.7070 week high
Failure to hold 0.7035 reopens the 0.7000 round number and 0.6979 week low
AUDUSD slid to a two-month low near 0.6979 mid-week as hot US PPI bid the USD, then recovered through the NY session as de-escalation hopes softened the dollar, lifting spot back above EMA20 and EMA50. RSI(14) has cycled up toward 60 on the rebound and price is now pressing the 0.7055/0.7060 band that capped earlier attempts this week. Higher lows since the 0.6979 print keep the recovery structure intact while that resistance holds.
Support: 0.7027, 0.7000, 0.6979
Resistance: 0.7055, 0.7060
What it said to watch
H1 close above 0.7060 invalidates the resistance-cap read
Failure to hold 0.7027 reopens the path toward 0.6979
RBA statement Tue 04:30 UTC could materially shift this read
AUD swept the 0.6979 two-month low Wednesday then rebounded hard to tag a 0.7053 week high as the Iran de-escalation headlines drained risk premium. Price has since faded back to the EMA(20) around 0.7040 and is consolidating between the 0.7030 swing low and the 0.7060 UOB cap, with RSI(14) cooling back to the mid-50s. The hot US PPI print has kept the dollar firm, capping follow-through on the bounce.
Support: 0.7030, 0.6979
Resistance: 0.7053, 0.7060
What it said to watch
H1 close above 0.7053/0.7060 cap would confirm 0.6979 as the trough
Failure to hold 0.7030 reopens the 0.6979 two-month low
US Michigan sentiment 14:00 UTC imminent — could shift this read
AUDUSD carved a two-month low at 0.6979 then ripped to 0.7055 on the Iran-deal risk bounce that drained the oil premium, before fading back to 0.7040 as Iran denied agreement and hot US PPI rebuilt USD demand. Price is now consolidating above the 0.7000 psych level and holding the EMA20, with RSI cycling near 54 after the bullish divergence into the low. The 0.7053 session high and UOB's 0.7060 cap remain the immediate ceiling.
Support: 0.7000, 0.7015, 0.69787
Resistance: 0.7053, 0.7060
What it said to watch
Sustained close above 0.7060 confirms 0.6979 as the cycle trough
Failure to hold 0.7000 reopens the 0.6979/0.6975 support zone
RBA rate decision and statement tone Tue 16 Jun could materially shift this read
AUDUSD opened the week near 0.7058 and ground down to a two-month low at 0.69787 on Thursday before a sharp NY-session recovery off the lows, sparked by the Mideast peace-hope risk bid, carried it back to 0.70546. Price has since stalled and is consolidating around 0.7034, holding above EMA(50) but slipping back under EMA(20) with RSI(14) cooling to the mid-40s. The 0.7050 area has capped the rebound, while 0.7020 demand has so far contained pullbacks.
Support: 0.70207, 0.7000, 0.69787
Resistance: 0.70509, 0.7060
What it said to watch
Michigan sentiment + UoM inflation expectations at 14:00 UTC could shift the USD read within the hour
H1 close above 0.70509 reopens the 0.7060 resistance
Loss of 0.70207 puts the 0.7000 round number and 0.6979 week low back in focus
13:03 UTC
Net lower this week, recovering off lows · RSI 49 · price 0.70334
Consolidating below weekly resistance.
AUDUSD clawed back roughly 75 pips off the ~0.6980 two-month low into the NY session yesterday, but the rally stalled under the 0.7050 weekly cap and price has drifted back below EMA(20) near 0.7040. The 0.7050-0.7054 area rejected two attempts this week, keeping the broader net-lower tone intact after hot US PPI rebuilt USD demand. RSI(14) sits neutral around 49 as the pair consolidates mid-range.
Support: 0.7025, 0.7000, 0.6979
Resistance: 0.7040, 0.7054, 0.7060
What it said to watch
RBA rate decision/statement Tue 04:30 GMT could materially shift this read
H1 close above 0.7054 opens the path back toward 0.7060
Failure to hold 0.7000 reopens the 0.6980 low
12:02 UTC
Recovery within lower week · RSI 53 · price 0.7038
Bounce off range low, capped under 0.7050.
AUD clawed back from the ~0.6980 two-month low into the 0.7050 area before stalling, with the recovery into the NY session firmer after fading earlier USD-driven pressure from the hot US PPI print. Price now consolidates around the EMA20 (~0.7032) with RSI(14) back near the midline, and the 0.7050 cap has rejected three attempts this week. A clean break of 0.7054 is needed to expose 0.7060.
Support: 0.7032, 0.7000, 0.6980
Resistance: 0.7050, 0.7060
What it said to watch
H1 close above 0.7054 opens the path toward 0.7060
Failure to hold 0.7000 reopens the 0.6980 two-month low
RBA rate statement Tue could materially shift this read
12:02 UTC
Rebound within weekly downtrend · RSI 53 · price 0.7038
Ranging below 0.7050 after bounce off 0.6980 low.
AUDUSD clawed back from the ~0.6980 two-month low into Thursday's NY session, but the recovery stalled at 0.7050 — the 50% fibo of the bounce — which capped two attempts. Price has since drifted into a 0.7034–0.7050 range as hot US PPI rebuilt USD demand; RSI(14) sits mid-range near 53 with price holding just above EMA(20).
Support: 0.7000, 0.6979
Resistance: 0.7050, 0.7060
What it said to watch
H1 close above 0.7050 opens the path to 0.7060 resistance
Failure to hold 0.7000 reopens the 0.6979 low
US Michigan sentiment 14:00 UTC could shift this read
AUDUSD swept the 0.6979 swing low — a two-month low — before clawing back hard into the NY session, lifted by Mideast peace headlines that later faded on Tehran's denial. Price has since built a string of higher lows and now sits above EMA20 and EMA50, but the 0.7050 50% fibo has capped the recovery and the last bars are consolidating around 0.7042. RSI has cooled to the mid-50s as the bounce loses steam.
Support: 0.7027, 0.7000, 0.6979
Resistance: 0.7050, 0.7060
What it said to watch
RBA decision and statement tone is the key swing factor — could materially shift this read
Close above 0.7060 strong res opens the path back toward the weekly open
Failure to hold 0.7000 round number reopens the 0.6979 swing low
11:02 UTC
Recovery off lows, weekly trend still heavy · RSI 56 · price 0.70422
Double bottom bounce, higher lows since Thursday.
AUDUSD carved a double bottom near 0.6979 and rallied into the NY session to 0.7054, the move helped by an earlier risk bounce before hot US PPI rebuilt USD. Price now consolidates above EMA20 in the 0.7027–0.7050 band, holding the 38.2% retracement of the recovery leg, with 0.7054 capping. The 0.7060 area remains the stronger overhead level cited this week.
Support: 0.7025, 0.7000, 0.6979
Resistance: 0.7054, 0.7060
What it said to watch
H1 close above 0.7054 opens the path toward 0.7060
Loss of 0.7025 higher low reopens 0.7000 round number
US Michigan sentiment / inflation expectations at 14:00 UTC could shift the read
RBA decision Tue is the week's swing factor for the Aussie
10:02 UTC
Recovery within weekly downtrend · RSI 57 · price 0.70452
Bounce off weekly low, capped near 0.7050.
After fading to a two-month low near 0.6979 mid-week, AUDUSD clawed back through the NY session as hot US PPI was offset by a brief risk bounce, lifting price back above EMA20 and EMA50. The 0.7050 area — the week's repeated rejection cap — is again being tested, with price consolidating 0.7027–0.7055 below it. RSI(14) has cycled back to the mid-50s as the recovery matured.
Support: 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
Hourly close above 0.7060 would clear the weekly cap and extend the recovery
Failure to hold 0.7000 reopens the 0.6980 weekly low
RBA decision/statement and US Michigan sentiment are imminent risk to this read
10:02 UTC
Recovery off the low, momentum building · RSI 57 · price 0.70452
Based at ~0.6980, rallied to 0.7055, now consolidating.
AUDUSD based at the ~0.6980 two-month low and surged into Thursday's NY session to 0.7055, clawing back on an earlier risk bounce before hot US PPI capped follow-through. Price now consolidates 0.7025-0.7055 above EMA20, with RSI(14) holding the mid-50s. The 0.7055-0.7060 area has capped the recovery and is the line to watch.
Support: 0.7025, 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
Close above 0.70546 opens the path toward 0.7060 strong res
Failure to hold 0.70250 reopens the 0.7000 psych level
US Michigan sentiment 14:00 UTC could shift this read
Bounce from two-month low, consolidating below 0.7055.
AUD ground lower all week from 0.7078 toward a two-month low at 0.6979 as a hot US PPI print revived a higher-for-longer Fed read and lifted the dollar. A sharp recovery into the NY session reclaimed 0.7050 before stalling, and price now consolidates around 0.7039, holding above EMA(20) with RSI(14) back near the midline. The 0.7055 recovery shelf has capped the bounce, leaving price pinned between EMA(20) support and that resistance.
Support: 0.7035, 0.7000, 0.69787
Resistance: 0.70546, 0.70778
What it said to watch
RBA decision/statement Tue 04:30 GMT — guidance tone is the catalyst for this read
H1 close above 0.7055 recovery shelf would extend the bounce toward the week high
Loss of EMA(20) and a break of 0.7000 psych re-engages pressure toward the 0.6979 week low
AUD carved a week low at 0.6979 mid-week on broad USD strength after the hot US PPI print, then rallied through the NY session yesterday to 0.7054. Price has since eased back toward EMA20 near 0.7036, consolidating around 0.7040 with RSI cycling near the midline. The 0.6979 sweep was bought back aggressively, leaving price holding above both H1 EMAs.
Support: 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
H1 close above 0.7054 opens path back toward the 0.7060 shelf
Failure to hold the 0.7000 round number reopens the 0.6979 week low
US Michigan sentiment at 14:00 UTC could shift the USD tone
Two-month low printed, bounce capped under 0.7053.
AUD/USD bled lower from Monday's ~0.7047 open to a two-month low near 0.6979, then staged a risk-on recovery to 0.7053 after Middle East de-escalation drained oil's war premium and lifted risk-sensitive Aussie. The 0.7050 cap turned back two NY-session attempts and price has since faded back under EMA20 toward 0.703. Hot US PPI yesterday kept the dollar firm, leaving the recovery on a softer footing.
Support: 0.7000, 0.6980
Resistance: 0.7038, 0.7053, 0.7060
What it said to watch
Loss of 0.7000 psych reopens the 0.6980 two-month low
H1 close above the 0.7050 cap needed to retest 0.7060 week high
US Michigan sentiment 14:00 UTC could shift USD tone
RBA statement tone (Tue) is the week's catalyst for AUD
Rebound off 2-month low, pullback from bounce high.
AUDUSD bled lower through the week as the Aussie became the funder of choice, printing a two-month low near 0.6979 before a sharp risk-on bounce into the NY session lifted it to 0.7055. A hot US PPI print revived USD demand and faded that bounce back to 0.7030, where price now sits below EMA(20) but holding above the rising recovery base. The 0.7055-0.7060 zone capped the rebound and remains the line to watch.
Support: 0.70207, 0.69787, 0.6990
Resistance: 0.70546, 0.7060
What it said to watch
Close back above 0.70546 reopens the 0.7060 cap zone
Failure to hold 0.70207 puts the 0.6979 two-month low back in play
US Michigan sentiment 14:00 UTC could shift the USD tone
Two-month low printed, recovering into consolidation.
AUDUSD bled lower through the week to a two-month low at 0.6979 as a hot US PPI print revived hawkish Fed bets and kept the USD firm. Demand stepped in there and the pair rallied through the NY session to 0.7055 before stalling, and price is now consolidating around 0.7032 just above the EMA20. RSI(14) has cycled back to neutral near 48 after the bounce, with the wider structure still down.
Support: 0.7000, 0.6979
Resistance: 0.7055, 0.7078
What it said to watch
H1 close below 0.7000 reopens the 0.6979 low and the 0.6975 target zone
Reclaim and close above 0.7055 would extend the corrective bounce toward 0.7078
RBA decision and statement Tue 04:30 GMT is the key catalyst for this read
Recovery off two-month low, consolidating below resistance.
AUDUSD carved a double bottom near 0.6980 — the week's two-month low — and snapped back to 0.7054 into yesterday's NY session as a hot US PPI bid faded on Iran de-escalation. Price is now drifting back toward EMA(20) around 0.7032 with RSI(14) hovering near 50, holding above the 0.7000 psych pivot. The 0.7054/0.7060 zone has capped the recovery.
Support: 0.7000, 0.69787, 0.7015
Resistance: 0.70546, 0.7060
What it said to watch
H1 close back below 0.7000 reopens the 0.6980 week low
Close above 0.7060 invalidates the capped-resistance read
RBA decision + statement Tue 04:30 GMT is the key catalyst for this read
AUDUSD ground lower through the week to a two-month low near 0.6979 as a firmer USD followed hot US PPI, then staged a sharp recovery into the NY session to 0.7054 before stalling. Price is now consolidating around 0.7030, holding above EMA20 but with the 0.7054 area capping the bounce. RSI(14) has cycled back to neutral after the rebound from oversold.
Support: 0.7018, 0.7000, 0.6979
Resistance: 0.7054
What it said to watch
RBA rate decision and statement tone is the swing factor for this read
H1 close above 0.7054 opens the path back toward 0.7077
Failure to hold 0.7000 reopens the 0.6979 week low
Two-month low swept, V-recovery now consolidating.
AUD printed a fresh two-month low near 0.6979 mid-week as hot US PPI revived USD demand, then snapped back through the NY session to 0.7055 in a sharp V-recovery. Price is now consolidating around 0.7030, holding above EMA20 with RSI cycling back near the mid-50s. The 0.7055 capped-rally zone is the line in the sand for the bounce; the 0.7000 psych pivot underpins it.
Support: 0.7025, 0.7000, 0.6979
Resistance: 0.7055, 0.7077
What it said to watch
H1 close back below 0.7000 reopens the 0.6979 week low
Acceptance above 0.7055 capped-rally zone extends the recovery toward 0.7077
RBA decision + statement Tue 04:30 UTC is the swing factor and could reset this read
AUDUSD slid through the week from the 0.7078 high to a two-month low at 0.69787 as hot US PPI and risk-off haven flows lifted the dollar. A sharp NY-session recovery has since retraced the decline to the 61.8% fib near 0.7040, with the bounce capped at 0.70546 and price now consolidating just under the weekly open at 0.70423. RSI(14) has cycled back to neutral and price holds above EMA20 for the first time since the slide.
Support: 0.7018, 0.7000, 0.69787
Resistance: 0.70423, 0.70546, 0.70778
What it said to watch
RBA rate decision + statement Tue 04:30 UTC is the key catalyst — guidance tone can materially shift this read
H1 close above 0.70546 would extend the recovery and challenge the 0.70778 week high
Failure to hold 0.7000 psych reopens the 0.69787 week low
AUDUSD spent most of the week heavy, sliding to a two-month low near 0.6979 on hot US PPI and risk-off USD demand, before a sharp recovery into the NY session lifted price to 0.7055. That rally has stalled inside the 0.7050-0.7060 zone that has capped faded bounces, and the pair is now grinding around 0.7040 above a rising EMA(20). RSI has cycled back near 56, reflecting the bounce but no fresh impulse.
Support: 0.70291, 0.7000, 0.69787
Resistance: 0.70546
What it said to watch
H1 close above 0.7055 reopens the path toward 0.7077
Failure to hold 0.7000 reasserts the weekly downtrend toward 0.6979
US Michigan sentiment 14:00 UTC could shift this read
AUDUSD slid for a third session to a two-month low near 0.6979 as hot US PPI (6.5% YoY) and risk-off flows revived USD demand, then staged a sharp recovery through the NY session back to 0.7055 before easing to 0.7037. Price now sits above the reclaimed EMA20 with RSI cycling back to mid-range; the 0.7050-0.7060 zone has capped the bounce, matching the week's faded-rally resistance. The 0.7028 pullback area is the first level holding the recovery intact.
Support: 0.7028, 0.7000, 0.6979
Resistance: 0.7055, 0.7060
What it said to watch
H1 close above 0.7055 reopens the path to the 0.7060 capped-rally zone
Failure to hold 0.7028 reopens the 0.7000 psych and 0.6979 week low
Michigan Sentiment today 14:00 UTC could shift the USD read
AUD slid for a third straight session to a two-month low near 0.6979, sweeping the figure before a sharp NY-session snapback through 0.7050 as the move overextended against firm USD on hot US PPI. Price now consolidates around 0.7038, holding back above EMA20 and EMA50 after the rebound, with 0.70546 capping the bounce. RBA risk dominates the next leg.
Support: 0.70286, 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
H1 close below 0.70286 reopens the 0.7000 psych level and week low at 0.69787
Reclaim above 0.70546 puts the 0.7060 capped-rally zone in play
RBA statement is the swing factor — dovish/output-gap language could pressure AUD back toward 0.6975
03:02 UTC
Down week, short-covering bounce · RSI 56 · price 0.70354
Fresh 2-month low, recovering off 0.6979.
AUDUSD bled to fresh two-month lows near 0.6979 through the NY session on a hawkish-Fed USD bid and risk-off tone, then short-covered sharply after the soft core PPI print, tagging 0.7054. Price has since faded to 0.7035 and now trades back above EMA20/EMA50, with the 0.7000 psychological pivot reclaimed and the bounce capped near 0.7054. RSI(14) recovered from oversold to the mid-50s as the recovery stalls into consolidation.
Support: 0.7028, 0.7000, 0.69787
Resistance: 0.70546
What it said to watch
An H1 close back below 0.7000 reopens the 0.6979 weekly low
Failure to clear 0.7054 keeps the bounce capped under week-high resistance
US Michigan sentiment + inflation expectations 14:00 UTC could shift the USD-driven read
AUD bled to fresh two-month lows near 0.6979 mid-week before snapping higher after the soft US core CPI/PPI prints, popping toward 0.7054 then fading into the Asia session. Price now holds above EMA(20) with RSI(14) cycling back to mid-range; the 0.7054-0.7060 band capped the recovery while the twin lows around 0.698 base the move. The week's dominant tone stayed heavy on hawkish-Fed USD demand.
Support: 0.7028, 0.7000, 0.6979
Resistance: 0.7054, 0.7060
What it said to watch
Hourly close above 0.7060 would extend the corrective bounce
Failure to hold 0.7000 reopens the 0.6979 weekly low
RBA decision/statement Tue is the key catalyst into next week
AUDUSD bled to a fresh two-month low at 0.6979 mid-week before a sharp NY-session impulse lifted it back to the 0.7055 week high, helped by a soft US core CPI/PPI print. That high has since capped three attempts and price is drifting back toward the 0.7029 session low, with RSI(14) cooling off after the rally. Both EMAs sit below price following the bounce, but the recovery is still working against this week's broader downtrend.
Support: 0.70291, 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
Hourly close above 0.70600 strong res would extend the bounce toward prior-week levels
Failure to hold 0.70000 psych re-exposes the 0.6979 week low
RBA decision/statement Tue 04:30 UTC — tone, not the priced-in hold, is the catalyst
Double bottom near week low, sharp rebound now easing.
AUDUSD opened the week near 0.7050 and bled to a fresh two-month low at 0.69787 mid-week on risk-off flows and a firm USD, carving a double bottom against the earlier 0.6987 dip. A soft US core CPI/PPI read then sparked a short-covering rebound into yesterday's NY session, lifting price to 0.70546 before it eased back to 0.70339; price is holding above both EMA20 and EMA50 for now.
Support: 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
H1 close below 0.7000 reopens the 0.69787 week-low test
Rejection at 0.70546/0.7060 keeps the broader downtrend intact
RBA decision + statement Tue 16 Jun is the dominant catalyst for this read
01:03 UTC
Down week, near-term recovery · RSI 61 · price 0.70438
Lower lows into 0.6979, sharp reversal, consolidating below resistance.
AUDUSD bled to fresh two-month lows near 0.6979 through the week on hawkish-Fed USD and subdued risk appetite, before a soft US CPI print sparked a sharp NY-session bounce back to 0.7055. Price has since held that recovery, consolidating around 0.7045 above a reclaimed EMA20 with RSI(14) cycling back above 60. Resistance at 0.7055–0.7060 capped the rally and remains the near-term cap.
Support: 0.7020, 0.7000, 0.69787
Resistance: 0.70546, 0.7060
What it said to watch
Close below 0.7000 reopens the 0.6979 two-month low
Reclaim of 0.7060 needed to extend the recovery above resistance
RBA decision Tue 04:30 UTC is the next catalyst for this read
AUDUSD bled to fresh two-month lows and triple-tapped a 0.6979 base before a sharp recovery through yesterday's NY session lifted price back above EMA20 and EMA50, peaking at the 0.70546 session high. Demand reappeared each time 0.7000 was tested, and price is now consolidating in the 0.7044–0.7051 zone after the bounce. The 0.7060 strong resistance flagged this week caps the upside, with the broader weekly tone still heavy below it.
Support: 0.7000, 0.69787, 0.6975
Resistance: 0.70546, 0.7060, 0.70778
What it said to watch
RBA rate decision + statement Tue 04:30 UTC is the key catalyst — tone, not the priced-in hold, will drive this read
H1 close above 0.70600 opens the path back toward 0.70778
Failure to hold 0.70000 re-exposes the 0.69787 week low
00:02 UTC
Downtrend, recovering · RSI 63 · price 0.70449
Two-month lows reclaimed, higher highs forming.
AUDUSD bled to two-month lows near 0.6979 midweek before a sharp NY-session recovery snapped it back above 0.7050, breaking the run of lower highs. Soft US core CPI/PPI gave the bounce legs against an otherwise firm dollar, and price now holds above EMA20/EMA50 with RSI(14) cycling up to the low-60s. The 0.70546 session high has since capped, with price easing back toward the 0.7045 area.
Support: 0.7000, 0.7015, 0.69787
Resistance: 0.70546, 0.7060, 0.70778
What it said to watch
H1 close above 0.7060 wk open would extend the recovery toward the 0.70778 week high
Failure to hold 0.7000 psych reopens the 0.69787 week low
RBA statement tone next week is the dominant catalyst for this pair
AUD bled to a fresh two-month low near 0.6979 through midweek before a soft US core CPI/PPI print sparked a short-covering bounce that ran back to the 0.70546 session high into NY hours. Price is now consolidating around 0.7045, holding above the reclaimed EMA20 with RSI cycling back above 55. The week's down structure has paused but 0.7060 still caps.
Support: 0.7000, 0.6979
Resistance: 0.70546, 0.7060
What it said to watch
RBA decision + statement (Tue) is the catalyst that could reset this read
Repeated failure to close above 0.7060 strong res keeps the heavy bias intact
H1 close back below 0.7000 psych re-exposes the 0.6979 week low