Gap-up rally into consolidation below session high.
Week opened with a sharp gap higher and rally through the 0.7060 pivot to 0.70879, draining the war-risk/safe-haven USD bid noted in the digest. Price has since stalled into a tight 0.70704–0.70821 consolidation, RSI(14) cooling from the spike toward 60.
Support: 0.70704, 0.70625
Resistance: 0.70821, 0.70879
What it said to watch
M15 close above 0.70879 extends the breakout
Loss of 0.70704 swing low opens a fade back to the 0.70625 gap level
RBA decision Tue 04:30 UTC could materially shift this read
AUDUSD gapped ~200 pips higher into the new week on Mideast de-escalation risk-on, spiking to 0.70879 before stalling. Price has since drifted into a 0.70704–0.70821 range, RSI(14) cooling from the post-gap surge while holding above the 0.7060 prior resistance.
Support: 0.70704, 0.70625, 0.7060
Resistance: 0.70821, 0.70879
What it said to watch
Sustained close above 0.70879 reopens upside extension
Loss of 0.70625 gap low fills the weekend gap
RBA decision + statement Tue 04:30 UTC is the key catalyst
AUDUSD gapped higher at the open and rallied from 0.70385 to a 0.70879 session high, clearing the 0.7060 prior resistance, before fading back to 0.70722. RSI(14) cooling off the spike as price drifts off the highs; 0.70704 swing low holding so far.
Support: 0.70704, 0.70625, 0.7060
Resistance: 0.70821, 0.70879
What it said to watch
Loss of 0.70704 swing low reopens the 0.7060 prior resistance as support test
Reclaim of 0.70879 session high resumes the breakout
RBA rate decision + statement Tue 04:30 UTC could materially shift this read
Gap-up breakout, now consolidating below session high.
Session opened with a sharp gap-up that cleared the 0.7060 resistance flagged into the new week, spiking to 0.70879 before stalling. Price has since coiled into a tight 0.70700–0.70821 range with RSI(14) easing back from the spike high near 61.
Support: 0.7070, 0.70625, 0.7050
Resistance: 0.70879, 0.70821
What it said to watch
Loss of 0.70700 reopens the 0.70625 breakout level
M15 close above 0.70879 extends the session high
RBA rate decision/statement Tue 04:30 UTC could materially shift this read
Gap-driven rally, now consolidating below session high.
Week opened with a gap higher and a sharp rally from 0.7039 to 0.70879 on Mideast de-escalation risk-on, flipping the 0.7060 prior resistance to support. Price now consolidates near 0.7073 with RSI cooling from the rally peak; supply capping at the 0.70879 session high.
Support: 0.70717, 0.7060
Resistance: 0.70879
What it said to watch
Sustained close above 0.70879 extends the breakout
Loss of 0.7060 prior-resistance flip negates the breakout read
RBA decision + statement Tue 04:30 UTC could materially shift this read
Impulsive leg higher, now consolidating below session high.
AUDUSD gapped higher on the session reopen and ran from 0.7039 to 0.70879 on Mideast de-escalation risk-on, then faded to 0.7073. Price holds above the 0.7060 prior-resistance flip with RSI cooling off its push, supply capping into the 0.70821-0.70879 session highs.
Support: 0.70717, 0.7060
Resistance: 0.70821, 0.70879
What it said to watch
Close above 0.70879 extends the breakout leg
Failure to hold 0.7060 reopens the 0.7039 reopen low
RBA decision Tue 04:30 UTC could materially shift this read
23:02 UTC
Uptrend off the weekly gap, momentum cooling · RSI 71 · price 0.70757
Gap-up rally then consolidation below session high.
New week opened with a gap up and a sharp rally through the 0.7060 prior resistance to a session high at 0.70879, driven by risk-on Mideast de-escalation. Price has since eased back to 0.7075 and is consolidating above the breakout, with RSI(14) cooling from overbought.
Support: 0.70739, 0.70625
Resistance: 0.70821, 0.70879
What it said to watch
Failure to hold 0.70625 breakout level negates the gap-up rally
Reclaim of 0.70821 reopens the 0.70879 session high
RBA decision/statement Tue 04:30 UTC could materially shift this read
AUDUSD gapped up from Friday's 0.70446 close on the Monday Asia reopen and ran to a session high of 0.70879 as Mideast de-escalation fed the risk-on bid. Price now consolidating near 0.7076 with RSI cooling from the impulse high; the 0.70625 gap-open zone is unfilled below and 0.70720 has held the pullback so far.
Support: 0.7072, 0.70625, 0.70446
Resistance: 0.70879, 0.70821
What it said to watch
Sustained close above 0.70879 extends the gap-up leg
Loss of 0.70625 gap-open zone opens the path back toward 0.70446
RBA decision/statement Tue 04:30 UTC could materially shift this read
22:46 UTC
Uptrend off the weekly open gap · RSI 70 · price 0.70769
Gap-up rally, pulling back from session high.
AUDUSD gapped higher at the weekly open and ran from 0.70391 to a 0.70879 session high on Mideast de-escalation risk-on, RSI(14) now hot at ~70. Price has since drifted back to 0.70769 and is holding above the 0.70625 gap leg; the 0.70879 high caps the move.
Support: 0.70625, 0.7053, 0.7045
Resistance: 0.70821, 0.70879
What it said to watch
RBA decision + statement Tue 04:30 UTC is the week's catalyst and can reset this read
Sustained close above 0.70879 extends the gap rally toward 0.7100
Loss of the 0.70625 gap leg signals the gap-up is fading
22:46 UTC
Sharp uptrend off weekend gap · RSI 69 · price 0.70769
AUDUSD gapped higher into the Asia open and ran from 0.7039 to 0.70879 on risk-on flows after Iran de-escalation headlines, clearing the 0.7060 prior resistance. Price is now consolidating near 0.7077 just below the session high, RSI(14) cooling from hot levels.
Support: 0.7074, 0.70625, 0.7060
Resistance: 0.70879
What it said to watch
Loss of the 0.70625 gap base would unwind the breakout
Break above 0.70879 extends the session high
RBA decision Tue 04:30 UTC is the next catalyst that could reshape this read
Week opened with a gap up from 0.7039 and a sharp run to 0.70879 on Mideast de-escalation risk-on, clearing the 0.7060 area flagged as strong resistance. Price has since cooled to 0.70776 with the session high capping and RSI(14) easing off the highs; the prior 0.7060 resistance now sits as the first support shelf below.
Support: 0.7076, 0.7060, 0.7039
Resistance: 0.70879
What it said to watch
M15 close back below 0.7060 negates the breakout, putting prior resistance back in play
Break and hold above 0.70879 session high extends the rally
RBA decision Tue is the week's catalyst and could reset this read
Impulsive rally off weekly open, consolidating below session high.
New week opened with a gap higher and a sharp rally through the 0.7060 prior-resistance area to a 0.70879 session high on risk-on Mideast de-escalation headlines. Price is now consolidating around 0.7077, RSI(14) hot near 72 after the impulse; 0.7060 flipped to near-term support.
Support: 0.70625, 0.7060, 0.70385
Resistance: 0.70879
What it said to watch
Sustained break above 0.70879 extends the rally
Failure to hold 0.7060 unwinds the gap move toward 0.70385
RBA decision/statement Tue 04:30 UTC could materially shift this read
22:16 UTC
Uptrend, vertical off the open · RSI 78 · price 0.70795
Weekend gap up, broke prior range top.
Monday open gapped up from ~0.7039 and ran through the 0.7060 prior resistance on risk-on/Iran de-escalation, tagging a session high at 0.70879 before easing to 0.70795. RSI(14) is hot near 78 after the near-vertical move; the 0.7060 zone now sits as the first reference below.
Support: 0.70625, 0.7060
Resistance: 0.70879
What it said to watch
RBA decision/statement Tue 04:30 UTC is the catalyst that could reshape this read
Close above the 0.70879 session high extends the breakout
Failure to hold 0.7060 prior res points back into the pre-gap range
22:16 UTC
Sharp uptrend off new-week open · RSI 78 · price 0.70795
Gap-up breakout above 0.7060.
New week opened with a gap higher from 0.7040 to 0.7062, then a clean rally drove through the 0.7060 resistance flagged into the weekend to print a session high at 0.70879 on Mideast de-escalation risk-on. RSI(14) is hot near 78 and the last bar stalled at 0.70795, so the breakout is unconfirmed pending a hold above 0.7060.
Support: 0.70625, 0.7060, 0.7044
Resistance: 0.70879
What it said to watch
Hold above 0.7060 keeps the breakout intact; a slip back below reopens 0.7044
Rejection at the 0.70879 session high — area to watch for fade or continuation
RBA statement Tue 04:30 UTC is the catalyst that could materially shift this read
22:02 UTC
Sharp breakout higher · RSI 74 · price 0.70796
Weekly-open gap, broke prior range.
New week opened with a gap higher and a sharp rally that cleared the 0.7060 resistance flagged by desks, printing a 0.70821 session high before stalling. RSI(14) is hot near 74 after the run; price had spent the prior session consolidating around the 0.70446 prior range. Move tracks the risk-on tone from Iran de-escalation.
Support: 0.7060, 0.70446
Resistance: 0.70821
What it said to watch
A pullback that holds above 0.7060 keeps the breakout intact; a close back below 0.7060 negates it
RBA decision Tue 04:30 UTC — statement tone could materially shift this read
Impulsive rally off week-open, fresh session high.
Week opened with a vertical rally on thin liquidity, AUD bid on Mideast de-escalation and risk-on; spot punched from 0.704 to a fresh session high at 0.70821. RSI(14) running hot near 78 after the move, with price extended well above both EMAs.
Support: 0.70625, 0.7040
Resistance: 0.70821
What it said to watch
RBA decision + statement Tue 04:30 UTC is the dominant catalyst for this read
Failure to hold the 0.70625 breakout signals the thin-liquidity spike fading
Weekly open gapped up through the 0.7045-0.7055 consolidation and cleared the 0.7060 resistance flagged into the new week, tagging 0.7078 on Mideast de-escalation risk-on. Move came on thin Sunday liquidity with RSI(14) running hot near 76, and price has eased back to 0.70723.
Support: 0.7060, 0.7040
Resistance: 0.7078
What it said to watch
Failure to hold 0.7060 fills the weekend gap and negates the breakout
RBA decision/statement Tue is the catalyst that could shift this read
Sustained hold above 0.7060 keeps 0.6979 as the trough
21:46 UTC
Sharp impulsive rally off week-open gap · RSI 74 · price 0.70723
Gap higher, broke 0.7060, now holding gains.
AUDUSD opened the new week with a gap higher and a sharp impulse from 0.7039 to 0.7078, slicing through the 0.7060 resistance flagged into the RBA on Mideast risk-on. Price has eased back to 0.70723 with RSI(14) stretched in the low 70s; 0.7060 is the immediate retest zone.
Support: 0.7060, 0.7040
Resistance: 0.7078
What it said to watch
Hold of 0.7060 on a pullback would confirm the broken resistance as support
A slip back below 0.7040 fills the gap and negates the breakout
RBA decision/statement Tue 04:30 UTC is the next catalyst and can reset this read
21:31 UTC
Range gave way to gap-up open · RSI 72 · price 0.70649
Weekend gap above prior 0.7023-0.7059 range.
Week reopened with a thin Sunday-open gap from 0.7044 up through the prior 0.7023-0.7059 range into 0.7060+ on Mideast de-escalation risk-on. Price is testing the 0.7060 psych resistance the digest flags as strong, with RSI(14) hot near 72 on minimal volume.
Support: 0.70446, 0.70207
Resistance: 0.7060, 0.70649
What it said to watch
Sustained trade above 0.7060 psych confirms the range break; a fade back fills the gap toward 0.70446
Thin Sunday-open liquidity can distort the move; firmer pricing as Asia builds will define the level
RBA statement Tue 04:30 UTC is the next structural catalyst for this read
21:31 UTC
Breakout higher on weekly open · RSI 74 · price 0.70649
Gap above prior range, breakout in development.
Weekly open gapped higher and broke through the 0.7060 resistance that capped the prior session's 0.7040–0.7055 range, printing 0.70649 on thin early-session liquidity. RSI(14) is hot near 74 and the move is unconfirmed until 0.7060 holds as support on a pullback.
Support: 0.7060, 0.7049, 0.7040
What it said to watch
Failure to hold 0.7060 on a retest negates the breakout and returns price to the 0.7040–0.7055 band
RBA rate decision + statement Tue 04:30 UTC is the dominant near-term catalyst for this read
AUDUSD reopened with a small gap down to 0.7039 from Friday's 0.70446 close, parking at the lower edge of the prior 0.7030–0.7059 range. Liquidity is thin on the Sunday/Asia open and no directional structure has formed; RSI(14) near 42, price under both EMAs.
Support: 0.70296, 0.70207
Resistance: 0.70446, 0.70534, 0.70594
What it said to watch
Close back above 0.70446 fills the weekend gap and reclaims the range body
Failure to hold the 0.70296 swing low opens the 0.70207 range low
RBA statement Tue is the week's catalyst and could reset this read
21:16 UTC
Rangebound, gapped lower · RSI 41 · price 0.70393
Weekend gap below Friday consolidation.
New week opened with a thin-liquidity gap lower, slipping below the 0.7048-0.7050 band that capped Friday's range. Price sits at 0.70393 with the gap fill at 0.70446 overhead; RSI(14) near 41 and price below both EMAs. RBA decision Tuesday is the catalyst, leaving these early bars two-way until then.
Support: 0.70322, 0.70207
Resistance: 0.70446, 0.7050
What it said to watch
Reclaim above 0.70446 closes the gap and re-enters Friday's range
Failure to hold 0.70322 exposes 0.70207 session low
RBA statement Tue 04:30 UTC is the dominant catalyst for this read
21:03 UTC
Ranging, momentum flat · RSI 46 · price 0.70446
Consolidation under session high.
AUDUSD is ranging 0.70450–0.70530 after recovering from the 0.70207 session low and tagging a 0.70594 session high. Price is now drifting toward the range floor on thinning late-session volume with RSI neutral near 46.
Support: 0.7043, 0.7032, 0.70207
Resistance: 0.7051, 0.70594
What it said to watch
M15 close below 0.70430 opens the path toward 0.70320
Reclaim of 0.70530 reopens the 0.70594 session high
RBA decision + statement Tue 04:30 UTC could materially shift this read
AUDUSD rejected 0.70594 and has since coiled into a tight 0.70440–0.70530 band, now sitting at the lower edge near the 38.2% retrace of the 0.70207–0.70594 leg. RSI(14) is mid-range and ATR ~6 pips — no momentum, two-way chop ahead of the RBA decision Tuesday.
Support: 0.7041, 0.7032, 0.70207
Resistance: 0.7053, 0.70594
What it said to watch
Close below 0.70410 opens the path to 0.70320
Reclaim of 0.70530 puts 0.70594 swing high back in play
RBA decision/statement Tue 04:30 UTC is the catalyst that breaks this range