Every read JAFX AI made on the AUD/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Recovering off June low, capped below EMA50 · RSI 49 · price 0.69762
Lower highs since May, consolidating near 0.7000.
A multi-month lower-high sequence has been in place since the early-May peak at 0.7277; the slide bottomed mid-June near 0.6875 and price has since clawed back to the 0.7000 round number, now capped by the D1 EMA(50) around 0.7012. The last two weeks have been a tight consolidation between roughly 0.6950 and 0.7012, with the recent leg from 0.7020 back to 0.6976 keeping RSI mid-range. AUD sits pinned at the round number into Thursday's jobs report.
Support: 0.6950, 0.6875, 0.6835
Resistance: 0.7012, 0.7045
What it said to watch
- sustained D1 close above 0.7012 opens the path to 0.7045
- loss of the 0.6950 pivot exposes 0.6875 then 0.6835
- AUD jobs report Thu 23 Jul could materially shift this read
21:04 UTC
Downtrend maturing, now basing · RSI 50 · price 0.69762
Lower highs off May peak, ranging 0.6880-0.7010.
AUDUSD topped near 0.7277 in early May and spent seven weeks unwinding to a 0.6882 base by mid-June, printing a clean lower-high chain. The last three weeks have carved a rounded base between 0.6880 and 0.7010, with price now pinned just under the 0.7000 round number and the flat EMA(50) at ~0.7012 — the cap the AUD digest flags. USD softness on cooling inflation is being offset by a geopolitical safe-haven bid, keeping the pair rangebound.
Support: 0.6950, 0.6882, 0.6835
Resistance: 0.7012, 0.7000, 0.7058
What it said to watch
- Sustained daily close above 0.7012 EMA50 opens 0.7058
- Loss of 0.6950 pivot reasserts the lower-low sequence toward 0.6882
- Australia jobs Thu Jul 23 01:30 UTC could break the 0.6960-0.7010 range