Higher highs and higher lows, consolidating at 0.7000.
AUDUSD has trended higher through the week, accelerating after Wednesday's soft US PPI print reinforced the cooler-CPI dollar theme, with the pair breaking above 0.7000 into the NY session yesterday. Price is now consolidating in a tight range just under the 0.7015 cap flagged as major resistance, holding above rising EMA(20) and EMA(50). RSI(14) sits in the low-60s, elevated but not yet stretched.
Support: 0.7000, 0.6993, 0.6972
Resistance: 0.7015, 0.7021
What it said to watch
H1 close above 0.7015 opens the path toward the 0.7021 week high
Failure to hold the 0.7000 psych level exposes 0.6972 swing low
AU Consumer Inflation Expectations in ~2.5h and US Retail Sales could shift this read
AUDUSD has trended higher all week, extending a second leg off Tuesday's soft US CPI and Wednesday's cool PPI that kept the dollar heavy; the pair cleared the 0.7000 psych level and printed a week high at 0.70207 in the NY session. Price is now consolidating just under 0.7010 with RSI cooling from overbought, holding well above a rising EMA20. Pullbacks this week have repeatedly found the EMA20 near 0.6985.
Support: 0.7000, 0.6985, 0.6943
Resistance: 0.70207, 0.7015
What it said to watch
H1 close above 0.70207 opens continuation past the prior cap
Failure to hold 0.7000 psych exposes the EMA20 near 0.6985
US Retail Sales Thu 12:30 UTC is the key USD catalyst and could shift this read
AUDUSD has trended higher through the back half of the week on broad USD weakness after soft US CPI and PPI, breaking the 0.7000 psych level during the NY session and printing a week high at 0.70207. Price holds above both EMA20 and EMA50 with RSI(14) cycling in the upper half; the last bars stalled just under the 0.70150 major resistance flagged into the highs. Pullbacks have been shallow, finding the rising EMA20 near 0.69850.
Support: 0.7000, 0.6985, 0.6972
Resistance: 0.70207, 0.7015
What it said to watch
Sustained H1 close above 0.70207 opens room beyond the 0.7015 major resistance
Loss of the 0.7000 psych level shifts the read back into prior 0.6972 shelf
US Retail Sales (Thu 12:30 UTC) is the next USD catalyst and could reprice this move
AUDUSD has climbed for a second day off the midweek 0.6913 low, driven by broad USD weakness after soft US CPI and PPI trimmed Fed hike bets. Price holds above EMA20 and EMA50 and printed a week high at 0.70207 before pulling back toward the 0.7000 psych pivot. The 0.7015 major resistance capped the last push, with RSI easing from its highs as momentum cools.
Support: 0.7000, 0.6986, 0.6913
Resistance: 0.7015, 0.70207
What it said to watch
H1 close and hold above 0.7015 opens scope toward 0.70207 and beyond
Failure to hold 0.7000 psych exposes the EMA20 near 0.69860
US Retail Sales (Thu 12:30 UTC) is the next USD catalyst and could shift this read
21:04 UTC
Uptrend, extended into resistance · RSI 62 · price 0.70058
Higher highs and higher lows since Monday.
AUDUSD posted a second day of gains toward 0.7020 as soft US CPI/PPI pressured the dollar, breaking clear of the mid-week 0.6980 shelf. Price holds above EMA20 and EMA50 with RSI cycling in the low-60s, but the 0.7015 major resistance flagged by the desk has capped the last push and price is consolidating just above 0.7000. Pullbacks through the NY session have found the rising higher-low structure intact.
Support: 0.7000, 0.6993, 0.6982
Resistance: 0.7015, 0.70207
What it said to watch
Hourly close above 0.7015 opens the path toward and beyond the 0.70207 week high
Loss of 0.7000 psych level exposes the EMA20 near 0.6993
US Retail Sales Thu 12:30 UTC could materially shift this read
21:03 UTC
Uptrend, momentum steady · RSI 62 · price 0.70058
Higher highs and higher lows since Wednesday.
AUDUSD extended a second day of gains, breaking above the 0.6990 psych pivot after soft US CPI and PPI pressured the dollar. Price holds above EMA20 and EMA50 with RSI(14) cycling in the 55-65 band; the 0.70207 session high marks fresh resistance just below the major 0.7015 barrier flagged all week. The advance is USD-driven, and momentum has flattened into the NY close near 0.7006.
Support: 0.6999, 0.6972, 0.6913
Resistance: 0.7015, 0.70207
What it said to watch
Sustained H1 close above 0.70150 opens the path beyond the major barrier
Loss of the 0.6990 psych level would break the run of higher lows
US Retail Sales (Thu 12:30 UTC) is the next USD catalyst and could shift this read
AUDUSD has run a two-day recovery off the 0.6913 week low as soft US CPI and today's PPI miss kept the dollar offered. Price cleared the 0.7000 psych pivot and printed a 0.70207 day high, now consolidating just under the 0.7015 major resistance flagged by the digest. Holding above EMA20 through the advance with RSI(14) elevated but not extended.
Support: 0.7000, 0.69828, 0.6913
Resistance: 0.7015, 0.70207
What it said to watch
H1 close above 0.7015 major res opens the path higher
Failure to hold 0.7000 psych signals loss of momentum
US Retail Sales Thu 12:30 UTC could materially shift this read
AUDUSD has run a second leg higher this week off Wednesday's 0.6913 dip, driven by broad USD weakness after soft US CPI and PPI misses. Price cleared the 0.7000 psych pivot and tagged 0.70207 into the NY session before easing back, with RSI(14) cycling in the 55-68 band and pullbacks finding EMA20 support near 0.6990. The 0.7015 major resistance flagged by the digest capped the close despite the intraday poke above.
Support: 0.7000, 0.6990, 0.69828
Resistance: 0.70207, 0.7015
What it said to watch
Sustained H1 close above 0.70207 opens scope beyond the week high
Failure to hold 0.7000 psych risks a rotation back to the 0.6983 prior low
US Retail Sales Thu 12:30 UTC could materially shift this USD-led read
19:02 UTC
Uptrend, extended · RSI 68 · price 0.7009
Higher highs, higher lows above 0.7000.
AUDUSD has run a second straight day higher on soft US CPI/PPI-driven dollar weakness, clearing the 0.7000 psychological pivot into the NY session and printing a session high at 0.70207. Price holds well above EMA20 and EMA50 with RSI(14) elevated near overbought, but the 0.7015 major resistance flagged all week is now the immediate cap. Pullbacks have found the rising EMA20 since Monday's leg up.
Support: 0.7000, 0.6985, 0.6972
Resistance: 0.7015, 0.70207
What it said to watch
Sustained H1 close above 0.7015 opens scope beyond the 0.7000 pivot
Loss of 0.7000 psych signals momentum stalling toward the EMA20
US Retail Sales Thu 12:30 UTC could materially shift the USD read
19:02 UTC
Uptrend, testing ceiling · RSI 63 · price 0.7009
Higher highs into 0.7015 barrier.
AUDUSD extended a two-day recovery through the NY session as soft US CPI then PPI unwound Fed hike bets and pressured the dollar, lifting price from mid-week lows near 0.6913 to a 0.7021 high. Price holds above EMA20 and EMA50 with RSI(14) cycling in the low-60s, but the 0.7015 major resistance has now capped the advance twice, with 0.7000 acting as the immediate pivot below.
Support: 0.7000, 0.6985, 0.6970
Resistance: 0.7015, 0.7021
What it said to watch
H1 close above 0.7015 confirms upside momentum toward fresh highs
Failure to hold 0.7000 opens a pullback toward the EMA20
US Retail Sales Thu 12:30 UTC could materially shift the USD read
AUDUSD has run a second straight day of gains since Tuesday's soft US CPI, extended by Wednesday's PPI miss keeping the dollar offered, driving price through the 0.7000 psych level to test the 0.7015 major resistance flagged by the week's context. RSI(14) is elevated near 71 and price sits well above EMA20 and EMA50, with each pullback since the 0.6913 week low finding support at rising higher-lows. The move is USD-driven and now pressing directly into the week's key ceiling.
Support: 0.7000, 0.6972, 0.6913
Resistance: 0.70157, 0.7023
What it said to watch
H1 close above 0.7015 major res confirms breakout continuation
Failure back below 0.7000 psych negates the breakout
US Retail Sales Thu 12:30 UTC could materially shift this read
AUD inflation expectations Thu 01:00 UTC a secondary risk
AUDUSD has run a steady two-day uptrend, extending after the soft US CPI/PPI misses pressured the dollar, and is now testing the 0.7015 major resistance flagged by UOB. Price holds well above EMA(20) with each pullback finding demand near 0.6975-0.6990, and RSI(14) is elevated near 72 as the move stretches into overbought territory. The 0.7000 psychological pivot has been cleared; 0.7015 is the immediate cap.
Support: 0.6990, 0.69725, 0.6942
Resistance: 0.7015, 0.70023
What it said to watch
H1 close above 0.7015 opens the path beyond the 0.7000 pivot
US Retail Sales Thu 12:30 UTC could materially shift this read
Failure to hold 0.6990 puts the ema20 back in play
17:03 UTC
Uptrend, stalling into 0.7000 · RSI 62 · price 0.69952
Higher highs, consolidating at week high.
AUDUSD extended a second day of gains toward the 0.7000 psych level, driven by soft US CPI and PPI misses that pressured the dollar. Price is holding above EMA20 with RSI cycling in the upper half; the 0.70023 week high has capped the last several hours, with 0.7015 the major resistance flagged above. Momentum is USD-led rather than domestic, and the last few bars are consolidating just under the round number.
Support: 0.6983, 0.6940, 0.6913
Resistance: 0.70023, 0.7015
What it said to watch
H1 close above 0.7015 major res opens scope beyond the 0.7000 pivot
Failure to hold EMA20 near 0.6983 signals loss of upside momentum
US Retail Sales Thu 12:30 UTC could materially shift the USD read
Higher highs and higher lows since Monday, stalling at week high.
AUDUSD extended a second day of gains on soft US CPI and PPI misses that pressured the dollar, pushing off the 0.6913 week low into the 0.7000 psych area. Price holds above EMA20 and EMA50 with RSI cycling in the upper half, but the 0.70023 week high has capped the latest push and the 0.7015 major resistance stands just above. Pullbacks this week have found support around the 0.6970 prior range.
Support: 0.6970, 0.6941, 0.6913
Resistance: 0.70023, 0.7015
What it said to watch
H1 close above 0.70150 major resist opens the path higher beyond 0.7000
Failure to hold 0.69700 prior range signals momentum stalling
US Retail Sales Thu 12:30 UTC could materially shift this dollar-led read
AUDUSD extended a second day of gains toward 0.7000 as soft US CPI and follow-through weak PPI pressured the dollar. The impulse off the mid-week 0.6913 low has held above EMA20 on every pullback, with price now pressing the 0.70023 session high and the 0.7000 psych level. Momentum sits firm with RSI in the mid-60s, but the 0.7015 major resistance flagged this week still caps the advance.
Support: 0.6986, 0.69669, 0.6913
Resistance: 0.70023, 0.7000, 0.7015
What it said to watch
Hourly close above 0.70150 opens scope beyond the psych pivot
Failure to hold 0.69860 ema20 would stall the up-leg
US Retail Sales Thu 12:30 UTC could materially shift this read
16:02 UTC
Uptrend, momentum firm · RSI 66 · price 0.69979
Higher highs, higher lows since Tue low.
AUDUSD extended a second day of gains into the NY session, printing a fresh week high at 0.7002 as soft US CPI and today's PPI miss kept the dollar offered. Price holds well above EMA20 and EMA50 with pullbacks shallow, and RSI(14) has cycled in the upper half without a bearish divergence yet. The 0.7000 psychological pivot and 0.7015 major resistance now cap the advance.
Support: 0.6969, 0.6940, 0.6913
Resistance: 0.7002, 0.7015
What it said to watch
Sustained close above 0.7015 opens scope beyond the 0.7000 pivot
Failure to hold 0.6969 prior high would mark a lower high
US Retail Sales Thu 12:30 UTC is the next USD catalyst that could shift this read
AUDUSD has climbed a second straight day on broad USD weakness after soft June US CPI and today's PPI miss, with the dominant leg firing through mid-week NY hours to break the 0.6940 shelf. Price is holding above EMA(20) with RSI(14) cycling in the 60s on each pullback, now pressing the 0.7000 round number after clearing the 0.6980 consolidation. Two attempts near 0.6992 earlier this week capped price; the current probe is the third test into round-number resistance.
Support: 0.6980, 0.6972, 0.6941
Resistance: 0.7000, 0.7015
What it said to watch
Hourly close above 0.7000 opens the path to 0.7015 major res
Rejection at 0.7000 reverts price into the 0.6970-0.6990 range
US Retail Sales Thu 12:30 UTC could materially shift the USD-driven move
Loss of 0.6980 consol base signals momentum stalling
15:02 UTC
Uptrend, pressing round number · RSI 68 · price 0.69986
Higher highs and higher lows since Tuesday low.
AUDUSD has climbed for a second day off the Tuesday low near 0.6913, riding soft US CPI/PPI-driven dollar weakness through the London-NY sessions and now pressing the 0.7000 psychological level. Price holds well above EMA20 with pullbacks shallow, RSI(14) elevated near 67. The 0.7000/0.7015 zone caps the move for now — an area to watch for rejection or a clean break.
Support: 0.6975, 0.6944, 0.6913
Resistance: 0.7000, 0.7015
What it said to watch
Hourly close above 0.7015 opens the path to extend the week's advance
Loss of 0.6975 ema20 would mark the first lower-low of the rally
US Retail Sales Thu 12:30 UTC could materially shift this dollar-driven read
14:03 UTC
Uptrend, pressing highs · RSI 63 · price 0.69942
Higher lows, consolidating below 0.7000.
AUDUSD has climbed a second day on broad USD weakness after soft US CPI and today's cooler PPI, with the dominant leg firing during Monday's NY session and price now pressing the 0.7000 psych level. It has held above EMA20 through this week's advance, RSI cycling in the 55-65 band on pullbacks, and is consolidating just under the week high at 0.6998. The move is dollar-driven; the descending medium-term backdrop only unwinds on a hold above 0.7015 major resistance.
Support: 0.6980, 0.6968, 0.6985
Resistance: 0.7000, 0.6998, 0.7015
What it said to watch
H1 close above 0.7015 major res would extend the advance
Warsh testimony could shift USD tone and this read
Loss of 0.6980 session low exposes the 0.6968 swing low
AU Consumer Inflation Expectations Thu 01:00 UTC could move AUD
14:02 UTC
Uptrend, pausing near highs · RSI 64 · price 0.69942
Higher highs, consolidating under 0.7000.
AUDUSD extended a second day of gains on soft US CPI/PPI-driven USD weakness, breaking above 0.6970 during yesterday's NY session and pressing the 0.7000 psych level. Price is consolidating tight under the 0.69983 week high with RSI holding in the low 60s and pullbacks so far respecting the rising EMA20 near 0.6972. Momentum is firm but stalling just below the round number.
Support: 0.6982, 0.6972, 0.6944
Resistance: 0.6998, 0.7000, 0.7015
What it said to watch
Hourly close above 0.7000/0.6998 week high opens the path toward 0.7015 major resistance
Loss of 0.6982 session low would mark the first lower-low since the breakout
Warsh testimony (14:00 UTC) and Thu AU Inflation Expectations could shift this read
Higher highs since Tuesday, now consolidating below 0.7000.
AUDUSD extended a second day of gains after soft US CPI and today's cool PPI knocked the dollar, driving the pair off the 0.6913 week low up through 0.6980. Since Tuesday's NY session price has held a tight consolidation just under the 0.7000 psychological barrier, riding above EMA(20) with RSI(14) easing back to the low 60s. Range base at 0.6982 has absorbed pullbacks while 0.7000 caps the top.
Support: 0.6982, 0.6970, 0.69144
Resistance: 0.7000, 0.7015
What it said to watch
H1 close above 0.7015 confirms momentum rebuild and negates the near-term cap
Failure to hold 0.6982 range base opens a drift back toward the 0.6970 EMA20
Fed Warsh testimony (14:00 UTC) and AU inflation expectations (Thu 01:00 UTC) could shift this read
13:03 UTC
Uptrend, pressing round number · RSI 65 · price 0.69959
Higher highs, consolidating near week high.
AUDUSD has climbed a second day on broad USD weakness after the soft US CPI and follow-through PPI misses, with the sharp impulse off the 0.6913 week low during yesterday's NY session breaking the pair back above 0.6950. Price has since consolidated tightly in a 0.6982–0.6992 band and is now pressing the 0.7000 psychological level with RSI(14) holding in the low-60s. EMA(20) has caught each pullback this week, keeping structure constructive below 0.7015.
Support: 0.6982, 0.6975, 0.6913
Resistance: 0.7000, 0.7015
What it said to watch
H1 close above 0.7015 major resistance would extend the impulse
Rejection at 0.7000 psych risks a slide back toward the 0.6982 range base
Loss of EMA20 near 0.6975 signals momentum fade
Fed Warsh testimony (14:00 UTC) and US Retail Sales Thu could shift the USD read
Impulse leg then tight consolidation below 0.7000.
AUDUSD ran from Monday's 0.6913 low to 0.6992 on an impulsive NY-session leg after the soft US June CPI knocked the dollar lower. Price has since gone sideways in a tight 0.6970-0.6992 band just under the 0.7000 psychological barrier, holding above EMA20 and EMA50 with RSI cooling from the rally. The 0.6992 week high has capped two attempts, keeping the consolidation intact.
Support: 0.6970, 0.6944, 0.6920
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.6992 / 0.7000 psych opens the path higher
Failure to hold 0.6970 range floor undermines the consolidation
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
AUDUSD ripped from the 0.6913 week low to 0.6992 during the NY session after the soft US June CPI print pressured the dollar, a USD-driven move rather than Aussie-led. Price has since coiled in a tight 0.6975-0.6992 band, holding above EMA20 and EMA50 with RSI(14) cooling into the mid-50s. The 0.6992 week high and the 0.7000 psychological barrier cap the advance for now.
Support: 0.6972, 0.6944, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.6992 opens the path to the 0.7000 psych barrier
Failure to hold 0.69720 range floor signals loss of upside momentum
US PPI at 12:30 UTC could materially shift this read
AUDUSD broke above 0.6950 into the NY session yesterday as the soft US June CPI print flipped the dollar lower, spiking the pair to a 0.6992 week high. Since then price has consolidated in a tight 0.6970-0.6992 band, holding above EMA(20) with RSI(14) flattening in the mid-50s. Move is USD-driven, with the 0.7000 psychological barrier still untested overhead.
Support: 0.6970, 0.6943, 0.6920
Resistance: 0.6992, 0.7000
What it said to watch
US PPI at 12:30 UTC could materially shift this read
Close above 0.6992 opens the path to the 0.7000 psych level
Failure to hold 0.6970 range low reopens 0.6943 prior high
AUDUSD ran ~80 pips higher off the soft US June CPI print, breaking the 0.6950 shelf and stalling just under the 0.6992 week high. Price has since traded a tight range above the EMA20 into the NY session, RSI(14) cooling from stretched levels while holding above 50. The 0.7000 psychological barrier caps the topside; consolidation floor at 0.6968 is intact.
Support: 0.6975, 0.6968, 0.6944
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.7000 opens the path higher
Failure to hold 0.6968 consol floor signals stall in the rally
US PPI at 12:30 UTC could materially shift this read
AUDUSD ran a second-day, USD-led relief bid on the soft June US CPI miss, breaking out through 0.6950 and stretching to 0.6992 during NY hours. Price has since gone flat, holding above EMA20/EMA50 with RSI(14) cycling in the high-50s to low-60s as the advance stalls under the week high. The 0.6992/0.7000 zone is capping, while pullbacks have so far found demand around 0.6975.
Support: 0.6975, 0.6950, 0.6932
Resistance: 0.6992, 0.7000
What it said to watch
A clean H1 close above 0.7000 opens room above the 0.6992 week high
Failure to hold 0.6950 signals the CPI breakout is unwinding, exposing 0.6932
US PPI (12:30 UTC) and Warsh testimony (14:00 UTC) could materially shift this USD-driven read
AUDUSD ripped higher through the NY session two days ago as the soft US June CPI print pressured the dollar, driving the pair off the 0.6912 week low up to 0.6992. Since then price has coiled in a tight 0.6972–0.6992 band, holding above the rising EMA20 with RSI easing back toward the mid-50s. The 0.6992 week high has capped the tape while 0.7000 remains the untested psychological pivot just overhead.
Support: 0.6978, 0.6972, 0.69123
Resistance: 0.69923, 0.7000
What it said to watch
H1 close above 0.6992 opens the path to the 0.7000 psych level
Loss of the EMA20/0.6972 support flips the read back toward the 0.6912 week low
US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this dollar-led read
AUDUSD extended a second day higher on USD weakness after the soft US CPI print, an impulse candle clearing 0.6950 and driving price into the 0.6990 area during the NY session. Price is now consolidating just below the 0.7000 psychological level with RSI elevated but flattening; pullbacks have held above 0.6972. Gains are USD-led rather than Aussie-led, so the 0.7000 pivot remains the near-term ceiling.
Support: 0.6972, 0.6950, 0.6913
Resistance: 0.7000, 0.6992
What it said to watch
H1 close above 0.7000 opens room past the 0.6992 week high
Failure to hold 0.6972 exposes the 0.6950 ema pivot
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could re-arm USD and shift this read
AUDUSD extended a second day, breaking out from the 0.6913 low into 0.6992 after the soft US CPI print pressured the dollar — a USD-led move. Price is now consolidating just under the 0.7000 psychological level, holding above EMA(20) with RSI(14) mid-60s. The week high at 0.6992 has capped the last several attempts.
Support: 0.6970, 0.6950, 0.6932
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.7000 opens room past the 0.6992 week high
US PPI at 12:30 UTC plus Warsh testimony could re-arm dollar strength and shift this read
Failure to hold 0.6970 prior high signals loss of the breakout momentum
Higher highs and higher lows, consolidating below 0.7000.
AUDUSD extended a second day of gains after Tuesday's soft US CPI print knocked the dollar, surging off the 0.6913 swing low to a 0.69920 week high. Price is now consolidating just under the 0.7000 psych level, holding above the H1 EMA20 with RSI(14) cycling in the low-60s. Rallies into the 0.6975/0.7000 area have stalled, keeping the week high in focus.
Support: 0.6976, 0.6946, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.7000 psych opens continuation higher
Failure to hold 0.69760 ema20 reverts toward the week open at 0.69460
US PPI at 12:30 UTC could materially shift this read
08:02 UTC
Uptrend, consolidating near highs · RSI 65 · price 0.69857
Higher highs, holding above breakout.
AUDUSD extended a second day of gains, breaking out to 0.6992 after the soft US June CPI print pressured the dollar. Price is now consolidating in a tight 0.6982-0.6992 band, holding well above EMA20 with RSI(14) elevated in the mid-60s. The 0.6975/0.7000 zone flagged as a near-term ceiling is capping the move for now.
Support: 0.6972, 0.6944, 0.69144
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.7000 opens the path to continuation above the psych level
Failure to hold 0.69720 session low reverts toward the 0.69440 prior swing
US PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could materially shift this read
Higher highs since Monday, now consolidating below 0.6992.
AUDUSD ripped from Tuesday's 0.6913 low toward 0.6992 after the soft US June CPI print sank the dollar into the NY session. Price has since coiled in a tight 0.6970–0.6992 band overnight, holding above EMA20 with RSI stalling near 60. The move is USD-driven; the former range top around 0.6975 is now acting as near-term support.
Support: 0.6975, 0.6971, 0.6940
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.6992 opens the path to the 0.7000 psych level
Failure to hold 0.6970 range top reopens 0.6940
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could reset the USD leg
Higher highs since CPI, consolidating below week top.
AUDUSD leg higher came through the NY session yesterday as soft US June CPI sank the dollar, driving price from 0.6928 to the 0.6992 week high. It has since consolidated in a tight 0.6982–0.6992 band, holding above EMA20 (~0.6978) with RSI(14) elevated near 66. The 0.6992/0.7000 zone has capped the advance so far.
Support: 0.6978, 0.6970, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
Hourly close above 0.6992 opens the path toward the 0.7000 psych level
Failure to hold the 0.6975 area (EMA20) confirms a fade back into range
US PPI 12:30 UTC and Fedspeak could materially shift this USD-driven read
AUDUSD ripped from the 0.6913 low toward 0.7000 during the NY session after the soft US June CPI print knocked the USD lower. Price has since stalled and is consolidating in a tight 0.6967–0.6992 band, holding well above EMA(20) with RSI(14) cooling off elevated levels. The 0.6992 week high has capped the advance twice, leaving 0.7000 as the immediate barrier.
Support: 0.69669, 0.6965, 0.6944
Resistance: 0.69923, 0.7000
What it said to watch
H1 close above 0.6992 opens the path to the 0.7000 psych level
China Q2 GDP / Retail Sales imminent — key AUD catalyst that could break the consolidation
US Core PPI at 12:30 UTC could reshape the USD side of the read
Failure to hold the 0.6967 range low signals the post-CPI leg is fading
AUDUSD accelerated off the 0.6912 week low after the soft US June CPI print knocked the USD lower, breaking through the 0.6944 base and stalling into the 0.6992 week high. Price has since consolidated in a tight 0.6970-0.6992 band, holding well above EMA20 with RSI cycling in the low-60s. The 0.7000 psychological level caps the upside and remains untested this week.
Support: 0.6972, 0.6944, 0.69123
Resistance: 0.7000, 0.6992
What it said to watch
China Q2 GDP / Retail Sales imminent — market-defining for AUD direction
H1 close above 0.7000 opens continuation; failure to hold 0.6972 signals stall
Rejection at 0.6992 week high would confirm range top capping the rally
AUD rallied hard off Tuesday's 0.6913 low, breaking the 0.6943 shelf into the NY session after the soft US June CPI print knocked the USD lower. Price is now consolidating just under the 0.6992 week high and the 0.7000 psych level, holding above EMA20 on each pullback with RSI cycling in the 60s. Momentum is easing as the pair coils below round-number resistance.
Support: 0.6972, 0.6943, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.6992 opens the path to the 0.7000 psych level
Failure to hold 0.6972 breaks the higher-low structure back toward 0.6943
China Q2 GDP / Retail Sales imminent — the near-term directional catalyst
AUD/USD ripped higher into the NY session after the soft US June CPI print knocked the USD lower, clearing the prior 0.6950 range and pushing to a week high at 0.69923. Price is now consolidating just below the 0.7000 psychological level with RSI(14) elevated near 63; pullbacks have held above the 0.6970 shelf. Both EMAs sit below spot, confirming the intraday advance remains intact.
Support: 0.6970, 0.6960, 0.6913
Resistance: 0.7000, 0.69923
What it said to watch
China Q2 GDP/Retail Sales imminent — the near-term directional catalyst for AUD
H1 close above 0.7000 opens the path higher; the psych level has capped the rally so far
Failure to hold 0.6970 would signal the CPI impulse is fading back toward the range
04:03 UTC
Uptrend, near session highs · RSI 66 · price 0.69881
Higher highs and higher lows since Tuesday low.
AUDUSD accelerated through the NY session yesterday, the impulse candle off ~0.6944 tracking the USD selloff on the soft US CPI miss, and price is now grinding just under 0.6992 into Asia. RSI(14) sits in the mid-60s with price holding above EMA20 on shallow pullbacks. The 0.7000 psychological handle caps the topside; two attempts have stalled below the 0.6992 session high.
Support: 0.6970, 0.6944, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
H1 close above 0.7000 opens the path higher; failure keeps the 0.6992 session high as the cap
Loss of 0.6970 EMA20 would break the run of higher lows
US PPI at 12:30 UTC and China GDP/Retail Sales could materially shift this read
Higher highs since midweek low, testing week high.
AUDUSD carved a midweek low near 0.6913 before the soft US CPI print flipped the USD and drove a sharp rally back above 0.6970 and into the 0.6992 week high. Price holds above both EMA20 and EMA50 with RSI at 66, but the move is USD-led and now presses the 0.7000 handle where the digest flags UOB's 0.6975 cap and psychological resistance. Pullbacks this week have found the breakout zone around 0.6968.
Support: 0.6975, 0.6968, 0.6913
Resistance: 0.69923, 0.7000
What it said to watch
Sustained H1 close above 0.69923 opens the 0.7000 psych level
Loss of 0.6968 breakout zone would question the rally structure
China Q2 GDP/Retail Sales imminent — could materially shift this read
US PPI cluster at 12:30 UTC as the near-term USD swing factor
03:03 UTC
Uptrend, momentum firm · RSI 66 · price 0.69913
Higher highs since Tuesday, breakout extended.
AUDUSD ripped off the 0.6912 swing low toward the 0.7000 handle after yesterday's soft US CPI miss knocked the dollar, clearing the 0.6975 cap during the NY session. Price holds above EMA(20) and EMA(50) with RSI(14) mid-60s, and the shallow pullback into 0.6970 was bought back into the current session high at 0.6992. The move is USD-led, so gains toward 0.7000 sit into obvious resistance.
Support: 0.6968, 0.6944, 0.69123
Resistance: 0.7000, 0.69922
What it said to watch
A close above 0.7000 psych opens fresh upside above the 0.6992 session high
Failure to hold 0.6970 pullback low would question the breakout
China Q2 GDP / Retail Sales imminent — the near-term swing factor for this read
AUDUSD ran from Monday's ~0.6914 low toward the week high at 0.6992 after the soft US CPI print flipped the dollar lower and cleared the 0.6975 cap during the NY session. Price is holding above EMA(20) with RSI(14) elevated near 68, and the 0.7000 handle now sits just overhead as the next area to watch. Gains are USD-led, so the topside push looks stretched into the psychological level.
Support: 0.6972, 0.6944, 0.6890
Resistance: 0.6992, 0.7000
What it said to watch
Sustained H1 close above 0.7000 opens room beyond the week high
Loss of 0.6972 EMA20 would signal momentum stalling
China Q2 GDP/Retail Sales imminent could materially shift this read
US PPI + Warsh testimony today risk reasserting USD strength
AUDUSD ripped from mid-week lows near 0.6913 toward the 0.7000 handle after June US CPI undershot across the board, knocking the USD lower during the NY session. Price is holding above EMA20 and EMA50 with RSI in the mid-60s, and the week high at 0.69920 has capped the advance so far while consolidation held above 0.69700. Move is USD-driven rather than domestic AUD strength.
Support: 0.6970, 0.6944, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
China Q2 GDP/Retail Sales imminent — main near-term catalyst for this read
Sustained H1 close above 0.70000 psych opens room above the range top
Failure to hold 0.69700 consolid floor signals the CPI move fading
US PPI and Warsh testimony could reassert USD and pressure this rally
AUDUSD ripped from the 0.6913 week low toward 0.6990 after the soft US June CPI print knocked the USD lower, closing back above both EMA(20) and EMA(50) during the NY session. Price is now consolidating in a tight band above 0.6968 with the 0.69920 week high and the 0.7000 psychological cap unbroken. RSI(14) sits in the low 60s, holding firm without pushing into fresh extremes.
Support: 0.6968, 0.6940, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
China Q2 GDP/Retail Sales imminent — main near-term catalyst that could shift this read
H1 close above 0.70000 opens room toward the range extension noted in context
Failure to hold 0.69680 puts the 0.69400 EMA(20) area back in focus
Breakout above weekly cap, consolidating near highs.
AUDUSD spiked through the 0.6975 weekly cap on the June US CPI miss, printing a week high at 0.6992 before easing into a tight hold above 0.6970. Price sits clear of EMA20 and EMA50 with RSI cycling in the low-60s, and the post-CPI USD softness underpins the current perch near the highs.
Support: 0.6970, 0.6940, 0.6913
Resistance: 0.6992, 0.7000
What it said to watch
Failure to hold 0.69700 puts the breakout base at 0.69400 back in play
US PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could materially shift this read
Close above 0.69920 opens the path to the 0.70000 round number
01:03 UTC
Uptrend, extended after breakout · RSI 66 · price 0.69836
Higher highs since mid-week low, above range cap.
AUDUSD tore through the 0.6975 range cap during the NY session yesterday as the dollar unwound on soft US June CPI, tagging 0.6992 before easing. Price has held above the 0.69689 breakout base overnight with RSI(14) elevated in the mid-60s and both EMAs beneath price. The week-long 0.6890-0.6975 band has given way, leaving 0.6992 as the immediate ceiling.
Support: 0.69689, 0.6944, 0.6913
Resistance: 0.69922, 0.6975
What it said to watch
Failure to hold 0.69689 puts price back inside the prior range cap at 0.6975
H1 close above 0.69922 extends the breakout
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could reprice the USD leg driving this move
AUD/USD tore higher through the NY session yesterday, clearing the 0.6975 range cap after the soft US June CPI print softened the dollar, printing a week high at 0.6992. Price has since flattened into the Asia session, holding just above the reclaimed 0.6975 top with RSI(14) cooling from the impulse. Both H1 EMAs sit below price as pullbacks have so far held above 0.6945.
Support: 0.6975, 0.6945, 0.6913
Resistance: 0.6992
What it said to watch
Hold above 0.6975 keeps the breakout intact; a close back below reverts to the 0.6890-0.6975 range read
Close above 0.6992 week high opens the upper end of the band
AUD Consumer Inflation Expectations (Thu 01:00 UTC) and US PPI could shift this read
00:02 UTC
Uptrend, consolidating near highs · RSI 64 · price 0.69768
Impulse off week low, pausing under range top.
AUDUSD rallied off Monday's 0.6912 low into the 0.6992 week high after the soft US June CPI print knocked the dollar during the NY session. Price is now consolidating just under the 0.6975 range top, holding above the H1 EMA20 near 0.6955 with RSI cycling in the low 60s. The 0.6970 swing low has capped the pullback so far.
Support: 0.6970, 0.6955, 0.6932
Resistance: 0.6975, 0.6992
What it said to watch
Hourly close above 0.6975 range top / 0.6992 week high opens the higher end of the 0.6890-0.6975 band
Loss of 0.6955 EMA20, then 0.6932 pivot, would unwind the CPI-day breakout
AU Consumer Inflation Expectations Thu 01:00 UTC and US PPI could shift this read