Rally to 0.7021 faded, consolidating below 0.7000.
AUDUSD opened the week near 0.6917 and rallied ~1.5% on softer US CPI, tagging 0.7021 before stalling at the 50-day EMA/0.7000 handle. Price has since faded, printing a swing low at 0.6966 and now consolidating in a tight range around EMA(20) with RSI(14) cycling near the midline. The 0.7000 psych level capped multiple attempts and remains the pivot for the week's structure.
Support: 0.6966, 0.6980, 0.6942
Resistance: 0.7000, 0.7021
What it said to watch
H1 close above 0.7000 reopens the 0.7015-0.7021 week-high area
Failure to hold 0.6966 swing low confirms a lower-low
Australia jobs report Jul 23 01:30 UTC could materially shift this read
AUDUSD ran from Monday's 0.6916 open to a 0.70207 midweek high on the soft US CPI/PPI USD pullback, then faded twice from the 0.7000 handle as USD haven demand returned. Price is now consolidating near 0.698, pinned to the H1 EMA(20) with RSI(14) back near neutral. Two rejections at the round number leave 0.7000-0.7021 as the ceiling and 0.6966 as the near-term floor.
Support: 0.69656, 0.6980, 0.6916
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7000 reopens the 0.70207 week high and 0.7045
Failure to hold 0.6966 swing low confirms a lower-low toward 0.6900
Loss of EMA(20) near 0.698 shifts the read fully into the lower range
19:03 UTC
Uptrend stalled, pulling back · RSI 45 · price 0.69814
Range below 0.7000 after rejection at week high.
AUDUSD rallied from Monday's 0.6913 low to a 0.70207 week high on the soft US CPI print, then stalled at the 0.7000 round number and 50-day EMA around 0.7012. Two attempts higher have capped near 0.7015-0.7020, and price has since faded back to sit on the H1 EMor(20) around 0.6980 with RSI(14) mid-40s. The pair is now consolidating in the upper half of the week's range, holding above the 50% fib at 0.69672.
Support: 0.6966, 0.69672, 0.6900
Resistance: 0.7000, 0.7012, 0.70207
What it said to watch
H1 close above 0.7012 50d ema reopens the 0.70207 week high
Failure to hold 0.6966 swing low confirms a lower-low toward 0.6900
Australia jobs report Jul 23 01:30 UTC could materially shift this read
19:03 UTC
Uptrend stalled, pulling back · RSI 50 · price 0.69814
Faded from week high, consolidating below 0.7000.
AUDUSD rallied from Monday's 0.6917 open to a 0.7021 peak mid-week on the soft US CPI print, then stalled at the 50-day EMA/round-number zone and faded below 0.7000. Two attempts at the 0.7000-0.7021 area have been capped, and price is now consolidating around the EMA20 near 0.6980 with RSI(14) hovering mid-range. The 0.6966 swing low has held on the pullback.
Support: 0.6980, 0.6966, 0.6917
Resistance: 0.7000, 0.7021
What it said to watch
H1 close back above 0.7000 reopens the 0.7021 week high
Failure to hold 0.6966 confirms a lower low toward 0.6917
Australia jobs report Jul 23 01:30 UTC could materially shift this read
18:03 UTC
Pullback from weekly high, momentum down · RSI 44 · price 0.69806
Lower highs since Wednesday peak, fading 0.7000.
AUDUSD is fading for a second day after the week's soft-US-CPI rally stalled at 0.70207 and failed to hold the 0.7000 psych level. Repeated rejections around 0.6990-0.7000 have carved a lower-high sequence, and price now sits below both EMA20 and EMA50 with RSI(14) rolling under 50. The 0.69700 session low is the near-term pivot for the pullback.
Support: 0.6970, 0.69656
Resistance: 0.6990, 0.7000, 0.70207
What it said to watch
H1 close back above 0.70000 invalidates the fade and reopens 0.70207 week high
Failure to hold 0.69656 swing low confirms a lower-low
Australia jobs report Jul 23 01:30 UTC could materially shift this read
Rejected at week high, consolidating below 0.7000.
AUDUSD ran from Monday's ~0.6912 base to a 0.7021 peak midweek on the soft US CPI print, then met repeated rejection at the 0.7000 handle / 50-day EMA and faded through the back half of the week. Price is now consolidating around 0.698, holding above the 0.6966 swing low with RSI(14) mid-40s and pullbacks stalling into EMA20. The round-number breakout has been given back.
Support: 0.6966, 0.6917
Resistance: 0.7000, 0.7021
What it said to watch
Close above 0.7000 / 0.7021 reopens the 0.7045 upside
Failure to hold 0.6966 confirms a lower low toward the 0.6917 week low
Australia jobs report Thu 01:30 UTC could materially shift this read
17:03 UTC
Uptrend faded, now ranging · RSI 49 · price 0.69836
Capped below 0.7000 after week-high rejection.
AUDUSD ran a two-day rally off the 0.6912 weekly low into a 0.70207 peak on Wednesday, but the 0.7000 handle and 50-day EMA capped the move and price has faded since. Renewed USD haven demand has held it below the round number, and the pair is now consolidating around EMA(20) with RSI(14) mid-range near 49. The 0.6966 swing low is the pivot on the downside.
Support: 0.6966, 0.6981, 0.69209
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7000 reopens 0.70207 and 0.7045
Failure to hold 0.6966 confirms a lower low toward 0.6920
AUD jobs report Jul 23 could materially shift this read
17:03 UTC
Uptrend stalled, fading from week high · RSI 51 · price 0.69836
Pullback off 0.7021 peak, ranging below 0.7000.
AUDUSD ran from Monday's 0.6912 base to a 0.7021 week high on the soft US CPI-driven USD pullback, then stalled at the 0.7000 psych level with two lower highs since. Renewed USD haven demand off US-Iran tensions has capped attempts back at the round number, leaving price ranging in the 0.6965–0.7000 band. RSI(14) has cooled back to neutral around 50 as the pair holds just above EMA20 but below EMA50.
Support: 0.69656, 0.69216
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7000 reopens the 0.70207 week high
Failure to hold 0.69656 confirms a lower low
AUD jobs report Jul 23 01:30 UTC could shift this read
16:03 UTC
Pullback within this-week uptrend · RSI 48 · price 0.69823
Fading from week high, lower highs.
AUDUSD ran from Monday's ~0.6920 open to a 0.7021 week high on the soft US CPI-driven USD pullback, then stalled at the 0.7000 handle and has been carving lower highs since. Two attempts to hold above 0.7000 were rejected as renewed USD haven demand capped the move, dragging price back to the 0.6966 swing low before the current bounce back to EMA20. RSI(14) sits mid-range near 47 after unwinding from the rally.
Support: 0.69656, 0.6979, 0.6920
Resistance: 0.7000, 0.70207
What it said to watch
Reclaim and hold above 0.7000 needed to re-open the 0.7021 week high
H1 close below 0.6966 swing low confirms a lower low
Australia jobs Thu Jul 23 01:30 UTC is the next material catalyst
Lower highs since Wed peak, holding above weekly range mid.
AUDUSD rallied from Monday's 0.6912 low to a 0.7021 peak on Wednesday's soft US CPI-driven USD pullback, then faded as renewed haven demand capped the move at the 0.7000 handle. Two attempts above 0.7000 have been rejected this week, printing a lower high and dragging price back to the mid-0.698s where EMA20 sits. RSI(14) has cooled toward neutral as the impulse stalled.
Support: 0.6970, 0.69656, 0.6920
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7000 reopens the 0.70207 week high
Failure to hold 0.69656 confirms a lower low
AUD jobs report Thu 23 Jul could materially shift this read
Lower highs off 0.7021 peak, holding above 0.6966.
AUDUSD ran to a 0.7021 three-week high early this week on the soft US CPI print, then the 0.7000 round number capped two attempts and the pair has faded on a reviving safe-haven USD bid. Price now sits ~0.6980, below EMA20 and EMA50, tracing lower highs since Tuesday's peak while the 0.6966 swing low still holds. RSI(14) is mid-40s, reflecting the loss of upside momentum.
Support: 0.6966, 0.6934
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above the 0.7000 round number reopens the 0.70207 week high
Failure to hold 0.6966 swing low exposes the 0.6934 week open
Australia jobs report Thu could materially shift this read
15:02 UTC
Uptrend faded, rolling over · RSI 45 · price 0.69795
Lower highs off 0.7020, pullback in progress.
AUDUSD rallied from Monday's 0.6912 open to a 0.7020 week high after the soft US CPI/PPI prints, but the 0.7000 psych level and 50-day EMA capped two attempts and price has since faded to 0.6980. A reviving safe-haven USD bid on US-Iran headlines has pressed the pair back into a series of lower highs, with RSI(14) sub-50 and price now under both H1 EMAs. Buyers stepped in near 0.6965 late in the NY session to hold the pullback.
Support: 0.69656, 0.6962, 0.6900
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7000 psych reopens the 0.7020 week high
Loss of 0.6965 swing low exposes the 0.6962 9d ema then 0.6900
Australia jobs report Jul 23 could materially shift this read
AUD rallied from Monday's 0.6912 low to peak at 0.70207 midweek on the soft US CPI print, then stayed pinned to the 0.7000 handle for four sessions, capped near the 50-day EMA around 0.7012. A modest USD safe-haven bounce has since dragged price back below 0.7000 for a second day, now trading 0.6979 under both the EMA20 and EMA50 with RSI(14) mid-40s. The 0.7000 psych level that acted as a floor has flipped to overhead resistance.
Support: 0.69656, 0.6962, 0.69123
Resistance: 0.7000, 0.70207
What it said to watch
Hourly close back above 0.7000 psych reopens 0.70207 week high toward 0.7045
Failure to hold 0.69656 swing low confirms a lower-low, exposing the 0.6962 ema support
HIGH-impact Australian jobs data Jul 23 could materially shift this read
14:02 UTC
Uptrend stalling, pulling back · RSI 44 · price 0.69792
Capped at 0.7000, lower highs into pullback.
The rally off Monday's 0.6913 low stalled at the 0.7000 handle and 50-day EMA cap, with two rejections into the 0.7020 area forming a double top before price slipped for two sessions back under EMA20/50. Soft US CPI drove the earlier upside, but a USD safe-haven bounce has since capped and pulled price to 0.6979 with RSI(14) cycling in the low 40s. The 0.7000 round number remains the four-day pivot — area to watch for rejection or break.
Support: 0.6966, 0.6935, 0.6913
Resistance: 0.7000, 0.7012, 0.7020
What it said to watch
H1 close above 0.7015 invalidates the double top read
Loss of 0.6966 swing low confirms a lower low, exposing 0.6935 week open
AUD employment data Jul 23 could materially shift this read
13:03 UTC
Uptrend stalling, pulling back · RSI 41 · price 0.6969
Lost 0.7000, drifting to weekly midpoint.
The week's rally off 0.6913 stalled at 0.7020 mid-week, capped repeatedly by the 0.7000 handle and the 50-day EMA near 0.7012 — the four-day pivot noted after soft US CPI. Price has since lost 0.7000 and slipped for a second day to 0.6969, now sitting around the 50% retracement of the weekly move and back below EMA20/EMA50. RSI(14) has rolled toward 40 as the pullback extends.
Support: 0.6962, 0.6936
Resistance: 0.7000, 0.7012, 0.7020
What it said to watch
H1 close back above 0.7000 reopens the 0.7012-0.7015 cap toward the 0.7020 week high
Loss of 0.6962 (9-day EMA) exposes the weekly open near 0.6936
Australian jobs data (Jul 23) is the key upcoming risk that could reset this read
AUDUSD opened the week near 0.6935 and rallied to 0.7021 by Wednesday on soft US CPI, but ran into a four-day cap at 0.7012 with two rejections leaving a double-top. Price has since slipped back below the 0.7000 round number and now trades under both EMA20 and EMA50 at 0.6969 as a modest USD bounce drains the earlier CPI-driven upside. RSI(14) has cooled into the low 40s, confirming the loss of the range top.
Support: 0.6962, 0.6935, 0.6900
Resistance: 0.7000, 0.7012, 0.7045
What it said to watch
Loss of the 0.6962 9d ema area exposes the 0.6935 week open and 0.6900 psych level
Reclaim of the 0.7000 round number and the 0.7012 four-day cap would revive the week's uptrend
High-impact Australian jobs data (Jul 23) could materially shift this read
12:03 UTC
Capped at 0.7000, rolling over · RSI 43 · price 0.69755
Lower highs off week high, pullback into mid-range.
AUDUSD is slipping for a second session from the 0.70207 week high, with twin stalls near 0.7012–0.7020 (the 50d ema cap) leaving a capped double-top look. A modest USD bounce on safe-haven flows and resilient US labor data has pushed price back under the 0.7000 round number and below both H1 EMAs, with RSI(14) sub-45. Buyers stepped in near 0.69656 into the NY hours, holding the mid-range for now.
Support: 0.69656, 0.6962, 0.69144
Resistance: 0.7000, 0.7012, 0.70207
What it said to watch
Hourly close below 0.6962 exposes the 0.69144 week low
Reclaim of 0.7000 and the 0.7012 50d ema cap needed to revive the rally
AUD jobs Jul 23 is the dominant catalyst for this range
AUDUSD stalled at 0.7020 midweek after the run off 0.6913, capped near the 50-day EMA, then lost the 0.7000 handle as the USD firmed on safe-haven demand and resilient US labour data. Price is now trading under both EMA20 and EMA50 with RSI(14) below 50, testing the 0.6966 swing low. Twin pushes into 0.7015/0.7020 failed to extend, leaving a lower-high structure into the London-NY transition.
Support: 0.69656, 0.69334
Resistance: 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 reopens the 0.7020 week high
Failure to hold 0.6966 confirms a lower-low, exposing 0.6933
AU jobs report Jul 23 could materially shift this read
11:03 UTC
Uptrend stalling, rolling over from weekly high · RSI 41 · price 0.69696
Capped below 0.7000, pulling back into lower highs.
AUDUSD spiked off Monday's 0.6913 base to a weekly high at 0.7020, then spent four sessions pinned to the 0.7000 handle where two attempts stalled, aided by soft US CPI/PPI. Price has since faded through the NY session back to 0.6970, slipping under EMA20 and EMA50 as RSI eases toward 40. The 0.7000 cap held twice and the pullback is now testing the 0.6965 session low.
Support: 0.6965, 0.6962, 0.6913
Resistance: 0.7000, 0.7020
What it said to watch
H1 close below 0.6962 confirms a lower low, exposing 0.6913
Reclaim of 0.7000 reopens the 0.7020 weekly high
High-impact AU jobs Jul 23 01:30 UTC could reset this read
AUDUSD pushed to 0.7020 mid-week — its first look above 0.7000 since mid-June on soft US CPI/PPI — but stalled twice at the 50-day EMA cap near 0.7012 and has since rolled over. Price has lost the 0.7000 handle and now trades below EMA20 and EMA50 with RSI in the low 40s, tracking toward the 0.6962 area. The 0.7020/0.7012 zone has capped every attempt this week.
Support: 0.6962, 0.6913
Resistance: 0.7000, 0.7012, 0.70207
What it said to watch
Hourly close back above 0.7000 re-engages the 0.7012/0.7020 cap
Loss of 0.6962 exposes the week low at 0.6913
AUD jobs (Jul 23) is a high-impact catalyst that could reset this read
10:03 UTC
Uptrend stalling, rolling over · RSI 41 · price 0.69704
Capped below 0.7000, lower highs.
AUD rallied off 0.6912 mid-week on the soft US CPI/PPI prints, tagging a near-three-week high at 0.70207 before the 0.7000 handle and the 50-day EMA capped repeated attempts. Since Wednesday's NY session price has carved lower highs and this session slipped back to 0.69704, roughly the 50% retrace of the week's impulse, with RSI(14) rolling toward 40. Price sits back below EMA20 and EMA50 after the failed break.
Support: 0.69656, 0.6962, 0.6900
Resistance: 0.7000, 0.70157, 0.70207
What it said to watch
Hourly close back above 0.7000 reopens the 0.70157 50d ema cap toward the weekly high
Loss of 0.69656 session low confirms a lower-low toward the 0.6962 9-day ema then week base
PBoC decision Monday as a China-proxy catalyst; AU jobs Jul 23 the week's main risk
AUDUSD rallied off 0.6913 on soft US CPI earlier this week and tagged a near-three-week high at 0.70207, but the 0.7000 handle has capped price on repeated attempts and the pair now sits back below EMA20. Rejection from 0.7000 into the NY-Asia transition has slipped price to 0.69704 with RSI(14) rolling under 45, marking two-way conditions as cooling AU inflation expectations sanded down RBA hike bets.
Support: 0.69656, 0.69447, 0.6913
Resistance: 0.7000, 0.70207
What it said to watch
Loss of 0.69656 swing low confirms a lower-low back toward 0.6944 week open
Hourly close above 0.7000 round number re-opens the 0.70207 week high
Monday PBoC decision as a China-proxy catalyst could shift this read
09:03 UTC
Uptrend stalling, rolling over · RSI 41 · price 0.69723
Capped below 0.7000, lower highs forming.
AUDUSD recovered ~1.25% off the 0.6900 area this week on the soft US CPI print, but the advance stalled just under the 0.7000 psych handle, printing a wk high at 0.70207 before rolling over. Price has slipped back below EMA20 (~0.6985) into the NY session with RSI(14) cooling toward 40, and the 0.7000 handle has capped attempts for a fourth day. Buyers are defending the 0.6975 session low so far.
Support: 0.6975, 0.6940, 0.6900
Resistance: 0.6985, 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 psych re-opens the 0.70207 wk high
Loss of 0.6975 session low exposes the 0.6940 wk open
AU Employment (Jul 23) is the next major catalyst for this read
09:03 UTC
Range, rolling over from the top · RSI 42 · price 0.69723
Multi-day range capped at 0.7000, pullback in progress.
AUDUSD recovered off the 0.6913 low early Monday on the soft US CPI-driven USD offer, then stalled at the 0.7000 handle and 50-day EMA (~0.7012) for a fourth session before rolling over. Price has now slipped back below EMA20/EMA50 with RSI(14) under 45, and the failure to clear 0.7021 leaves a double-top look at the range top. Demand around 0.6962 is the next reference as the week's range compresses.
Support: 0.6972, 0.6962, 0.6913
Resistance: 0.7000, 0.7012, 0.7021
What it said to watch
H1 close back above 0.7000 reopens the 0.7021 week high
Loss of 0.6962 confirms a lower-low, exposes 0.6913
AU Employment (Jul 23) is the next catalyst to break this range
Range capped at psych handle after week's impulse.
The Aussie rallied off Monday's 0.6913 low toward 0.70207 on soft US CPI and PPI misses, then stalled at the 0.7000 handle where two NY attempts were rejected. Price has since drifted back to 0.6984 and slipped under the H1 EMA(20), with RSI(14) easing into the mid-40s as the week's momentum flattens. The 0.7000 psych level remains the pivot capping this consolidation.
Support: 0.69759, 0.6962, 0.6913
Resistance: 0.7000, 0.70207
What it said to watch
H1 close above 0.7012 (50-day EMA area) opens the path to 0.7045
Failure to hold 0.69759 exposes the 0.6962 area
US Michigan sentiment/inflation expectations at 14:00 UTC could shift the USD leg
AUDUSD recovered off Monday's 0.6913 base into the 0.7020 week high, powered by the soft US CPI print, but the 0.7000 handle and daily 50-day EMA have capped every attempt this week. Price is now consolidating in the 0.6976–0.7000 band and has slipped back below the H1 EMA20/EMA50 cluster, with RSI cooling to the mid-40s. Sellers rejected the 0.7020 area twice and buyers keep defending the 0.6976 day low.
Support: 0.6976, 0.6940
Resistance: 0.7000, 0.7020
What it said to watch
Hourly close above 0.7000 reopens the 0.7020 week high
Failure to hold 0.6976 exposes the weekly open near 0.6940
AU jobs (Jul 23) and Monday PBoC decision could reset this range
07:03 UTC
Uptrend stalling into pullback · RSI 46 · price 0.6987
Lower highs off 0.7021 peak, back below 0.7000.
AUDUSD ran from Monday's 0.6937 open to a 0.7021 peak on the broad USD pullback after soft US CPI/PPI, its first look above 0.7000 since mid-June. The 0.7015/0.7021 zone capped two attempts and price has since slipped back under 0.7000, now trading around 0.6987 below EMA20 with RSI cooling toward 46. The advance was USD-driven, and momentum has quietly faded near the highs.
Support: 0.6976, 0.6944
Resistance: 0.7000, 0.7015, 0.7021
What it said to watch
H1 close above 0.7000 then 0.7015 reopens the 0.7021 week high
Failure to hold 0.6976 swing low exposes the 0.6944 prior low
US Michigan sentiment today 14:00 UTC could firm USD and pressure this read
06:03 UTC
Uptrend, momentum rolling over · RSI 42 · price 0.69796
Pullback from weekly high, lower highs forming.
The week's rally lifted AUDUSD from Monday's ~0.6928 open to tag 0.7021 on the soft US CPI/PPI, USD-down move, but price has since rolled over below EMA20 and EMA50 and is testing the 38.2% retrace near 0.6980. RSI(14) has cooled into the low-40s as a series of lower highs prints through the Asia session. The 0.7000 round number is now capping recovery attempts.
Support: 0.69759, 0.69669, 0.6962
Resistance: 0.7000, 0.7015, 0.70207
What it said to watch
H1 close back above 0.7000 needed to re-engage the week's highs
Failure to hold 0.69759 session low opens 0.6962 support
US Michigan sentiment later today could shift the USD read
06:03 UTC
Uptrend stalling, pulling back · RSI 42 · price 0.69796
Rejected at week high, lower highs forming.
AUDUSD rallied from Monday's 0.6913 low to tag 0.7021 into Wednesday's NY session, a USD-down move on the soft US CPI print. Price has since been capped around 0.7015 and rounded over, slipping back below EMA20 and EMA50 with RSI cooling toward 40. Session lows near 0.6976 are now the near-term pivot.
Support: 0.6976, 0.6944, 0.6913
Resistance: 0.7000, 0.7015, 0.70207
What it said to watch
Failure to hold 0.6976 opens a retest of 0.6944 swing low
A close back above 0.7015 reopens the 0.7045 path
US Michigan sentiment at 14:00 UTC could shift the USD-driven read
Pullback off week high, slipping below 0.7000 consolidation.
AUDUSD rallied ~1.25% from Monday's 0.6928 open to tag 0.70207 mid-week on the soft US CPI/PPI-driven USD slide. Price then consolidated 0.6985-0.7010 into Thursday before rolling over into the latest session, slipping back under 0.7000 as strong US claims and Philly Fed revived the USD bid. Rejection at 0.7020 has capped the advance and price now sits below EMA20 with RSI(14) cooling near 39.
Support: 0.6976, 0.69285
Resistance: 0.7000, 0.70207
What it said to watch
Hourly close back above 0.7000 round number re-opens the 0.70207 week high
Failure to hold 0.6976 recent low confirms a deeper pullback toward the weekly open
US Michigan sentiment/inflation expectations 14:00 UTC could shift this read
05:03 UTC
Uptrend stalling, pulling back · RSI 42 · price 0.69785
Rally capped at 0.7020, retracing off week high.
AUDUSD opened Monday near 0.6928 and rallied ~1.25% on the soft US CPI/PPI prints, tagging a week high of 0.7020 before stalling. Price has since rolled over below the 0.7000 round number as the USD firmed on strong jobless claims and Philly Fed data, now sitting near the 38.2% retracement of the week's impulse with RSI back below 50. Two attempts at the 0.7015-0.7020 area were rejected.
Support: 0.6976, 0.6944, 0.6913
Resistance: 0.7000, 0.70207
What it said to watch
Reclaiming 0.70000 reopens the path back to the 0.70207 week high
Failure to hold the 0.69760 session low confirms a lower low
US Michigan sentiment 14:00 UTC could shift the USD-driven read
04:02 UTC
Uptrend stalling, pulling back · RSI 41 · price 0.69799
Rejection at week high, dip below 0.7000.
AUD's USD-driven bounce since Monday stalled at the 50-day EMA near 0.7012 after tagging a week high at 0.70207, and price has now leaked back below the 0.7000 psych level into the current session. The move followed soft US CPI/PPI, but resilient US jobs and retail data have capped follow-through and price is holding around the 38.2% retracement of the week's impulse. Session low at 0.69773 is the immediate floor.
Support: 0.69773, 0.6962, 0.6944
Resistance: 0.7000, 0.7012, 0.70207
What it said to watch
Failure to reclaim 0.7000 keeps the pullback intact toward 0.6962
US Michigan sentiment 14:00 UTC could shift the USD-driven read
A close back above 0.7012 reopens the path to the 0.70207 week high
AUDUSD reclaimed 0.7000 mid-week on broad USD softness after cooler US CPI/PPI, but two attempts stalled at the 50-day EMA ~0.7012 with the week high capping at 0.7021. Price has since slipped back below EMA20 and EMA50 into the NY session, breaking under the 0.7000 round number and printing a session low at 0.6977. RSI has cooled toward 40 as the recovery loses steam.
Support: 0.6977, 0.7000, 0.6962
Resistance: 0.7012, 0.7021
What it said to watch
Failure to reclaim 0.7000 keeps the pullback intact
Loss of 0.6977 session low opens toward the 9-day ema ~0.6962
H1 close above 0.7021 week high revives the recovery
AU jobs (23 Jul) and today's UoM sentiment could shift this read
03:03 UTC
Uptrend stalling, rolling over · RSI 43 · price 0.69799
Week rally capped near 0.7021, losing 0.7000 handle.
AUDUSD ran from Monday's 0.6914 low to 0.7021 on broad USD softness after the soft US CPI/PPI prints, then consolidated around 0.7000 through the back half of the week. Price has now rolled over, losing the 0.7000 handle and slipping below EMA20 with RSI(14) fading toward 42. Repeated highs at 0.7000/0.7021 capped the advance before demand thinned into the latest NY session.
Support: 0.69773, 0.69689, 0.6944
Resistance: 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 revives the push toward the 0.70207 week high
Loss of 0.69773 session low opens the 0.69689 breakout base, then 0.69440
Australian jobs data Jul 23 could materially shift this read
03:02 UTC
Uptrend stalling, pulling back · RSI 42 · price 0.69799
Rally capped at 0.7021, slipping below 0.7000.
AUD ran from ~0.6913 to 0.7021 across the week on broad USD softness after soft US CPI/PPI trimmed Fed tightening bets. The advance stalled at 0.7021 and consolidated around the 0.7000 handle before slipping back below it into the latest session, now trading near 0.6980 under both EMAs. RSI(14) has rolled toward 42 as the pullback develops off the week high.
Support: 0.6985, 0.69773, 0.6962
Resistance: 0.7000, 0.70207
What it said to watch
Loss of 0.6985 range floor confirms a deeper pullback toward 0.6962 swing low
H1 close back above 0.7000 psych level reopens the 0.7021 week high
Australian jobs data Jul 23 could materially shift this read
Consolidation below 0.7000 after failed 0.7021 test.
AUD/USD rallied roughly 1.25% off Monday's sub-0.6920 base on soft US CPI/PPI, tagging 0.7021 before stalling into the 50-day EMA. Price has since consolidated under the 0.7000 handle, with the 0.7015/0.7021 zone capping two attempts this week; the latest NY session slipped back below the round number. RSI(14) has cooled from stretched levels toward neutral as the advance loses pace.
Support: 0.6980, 0.6962, 0.6919
Resistance: 0.7000, 0.7015, 0.7021
What it said to watch
Hourly close back above 0.7000 re-opens the 0.7015/0.7021 ceiling
Loss of 0.6962 signals fading momentum and lower-low risk
US UoM sentiment/inflation expectations 14:00 UTC could shift USD and this read
02:02 UTC
Uptrend stalling, pulling back · RSI 43 · price 0.69819
Range below 0.7000 after impulse, lower high forming.
AUDUSD rallied roughly 1.25% off Monday's sub-0.6920 lows on soft US CPI/PPI, tagging 0.70207 before momentum faded at the 50-day EMA cap. Price then consolidated just under the 0.7000 handle for two days, and the latest bar rejected 0.7000 to slip back to 0.6982. The move remains a USD-weakness story rather than AUD strength, with the 0.7015/0.7021 ceiling having stalled the advance twice.
Support: 0.6962, 0.69123
Resistance: 0.7000, 0.70207, 0.7045
What it said to watch
H1 close back above 0.7000 handle re-opens the 0.70207 week high
Loss of 0.6962 confirms fading momentum toward the 0.69123 week low
Australia jobs (Jul 23, 01:30 GMT) is the key catalyst that could reset this range
Consolidation under 0.7015/0.7021 ceiling after impulsive rally.
AUDUSD rallied ~1.25% off sub-0.6920 lows this week on soft US CPI/PPI trimming Fed tightening bets, tagging 0.7021 before stalling. Price has since consolidated just under the 0.7000 handle with RSI cycling around the midline, and the 0.7015/0.7021 cap zone has capped two attempts. Demand has held above 0.6990 through the Asia session, keeping the corrective range intact.
Support: 0.6990, 0.6962
Resistance: 0.7000, 0.7015, 0.7021
What it said to watch
Hourly close above 0.7021 opens the path toward 0.7045
Loss of 0.6990 range floor exposes 0.6962 prior swing
US UoM sentiment/inflation expectations at 14:00 UTC could move USD and shift this read
Australia jobs (Jul 23) is the primary upcoming risk for this pair
AUDUSD rallied roughly 1.25% off sub-0.6920 lows into midweek on soft US CPI/PPI, tagging 0.7021 before stalling into the 0.7015/0.7021 ceiling. Price has since gone sideways around the 0.7000 handle, holding just above EMA20 with RSI(14) cycling near neutral. The advance has been a USD-weakness story rather than AUD strength; follow-through above the handle has been capped twice.
Support: 0.6990, 0.6962, 0.6913
Resistance: 0.7000, 0.7021
What it said to watch
H1 close above 0.7021 opens the path toward 0.7045
Loss of the 0.7000 handle and 0.6990 range floor signals fading momentum
Australia jobs data Jul 23 01:30 GMT could materially shift this read
AUDUSD rallied off the 0.6914 week low to tag 0.7021 into midweek, a move driven almost entirely by broad USD weakness after soft US CPI/PPI rather than domestic strength. Price has since coiled around the 0.7000 psych level, with the 0.7005 range top and 0.7021 week high capping and RSI(14) flattening near 50. Holding above EMA20/EMA50 but the impulse has clearly gone flat through the Asian session.
Support: 0.6990, 0.69144, 0.6962
Resistance: 0.7005, 0.70207
What it said to watch
H1 close above 0.70207 week high opens scope toward 0.7045
Failure to hold the 0.6990 range floor exposes 0.6962 prior low
USD stabilization would pressure this USD-led rally as it was not Aussie-led
Consolidation below 0.7000 handle after week's impulse.
AUDUSD ran ~1.25% off the 0.6912 area into midweek, an entirely USD-driven move after soft US CPI/PPI pared Fed pricing, before stalling at 0.70207 and drifting flat around the 0.7000 handle. Price has coiled in a tight 0.6986–0.7012 range since the NY session peak, holding just above EMA(20) with RSI(14) idling near 51. The round number is capping momentum despite the broad USD softness.
Support: 0.6986, 0.69123, 0.69333
Resistance: 0.70207, 0.70045
What it said to watch
Hourly close above 0.70207 (week high) opens the path toward 0.7045
Failure to hold 0.69860 (swing low) exposes the week open at 0.69333
AU labour data Jul 23 01:30 UTC is the next material catalyst for this read