AUD/USD AI Live Scan, 4-hour chart, Tuesday, 20 October 2026
Every read JAFX AI made on the AUD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Range-bound after early-window decline, rebounding to range top · RSI 67 · price 0.70008
0.6894–0.7017 range; twin lows near 0.6900, second test of 0.7013–0.7017 cap.
After the slide from 0.7115, AUDUSD has spent two weeks inside a 0.6894–0.7017 range. The jobs miss pushed it to a second low at the range floor near 0.6900, and the subsequent rally was helped by Kent's hawkish RBA remarks, the China GDP beat and a softer USD. Price is now pressing the range top for a second time, with a double bottom outlined on the chart. It sits above both EMAs, and the EMA20 is now above the EMA50. ATR(14) has eased to about 16 pips, down from the sell-off phase, a compression typical before a range edge resolves.
Support: 0.6970, 0.6936, 0.6894
Resistance: 0.7017, 0.7045
What it said to watch
H4 close above 0.7017 range top completes the double bottom and opens the prior range ceiling at 0.7045
Rejection at 0.7017 for a second time keeps the range intact; a close back below the ema20 near 0.6970 breaks the rising lows from the 0.6894 low
Loss of the 0.6936 swing low exposes the 0.6894 range floor, which is the base of the double bottom
AU flash PMIs (Thu 22:00 UTC), Bullock (Fri 10:00 UTC) and US flash PMIs (Fri 13:45 UTC) could materially shift this read
17:03 UTC
Recovering uptrend off the October lows, testing resistance · RSI 64 · price 0.70023
Higher highs and higher lows since 0.6894; double bottom with 0.6903 testing the 0.7013–0.7017 prior high.
The weak AU jobs print briefly took AUDUSD to a 0.6894 double-bottom low, just under the 0.6903 early-October trough. A softer USD and the China GDP beat then drove a run of higher highs, with the higher low at 0.6970 and the 0.6936 swing low underpinning the move. The latest bar spiked to 0.7017 and was rejected back to 0.7002, keeping the 0.7015 prior high, the double-bottom neckline, intact as a cap. ATR(14) near 18 pips sits below the expansion seen during the mid-month selloff.
Support: 0.6970, 0.6936, 0.6894
Resistance: 0.7015, 0.7044
What it said to watch
H4 close above the 0.7015 prior high would complete the double bottom and open the late-September range top near 0.7044
Break below the 0.6970 higher low would interrupt the recovery sequence; losing the 0.6936 swing low would return focus to the 0.6894 dbl bottom and the 0.6900 neckline
AU flash PMIs (Oct 22, 22:00 UTC) and RBA Governor Bullock's speech (Oct 23, 10:00 UTC) could materially shift this read
US S&P Global PMIs (Oct 23, 13:45 UTC) are a high-impact USD risk around the 0.7015 cap
13:03 UTC
Range-bound, recovering toward range top · RSI 55 · price 0.69855
Higher lows off 0.6894 inside 3-week 0.6894–0.7013 range.
After the early-window slide from 0.7117, AUDUSD has spent three weeks in a 0.6894–0.7013 range. The flush to the 0.6894 range low on the AU jobs miss has been fully unwound on Kent's hawkish remarks and a softer USD. Higher lows at the 0.6936 swing low, 0.6950 and the 0.6970 higher low now press price back toward 0.7000 psych, where the latest swing stalled at 0.6998. ATR(14) has compressed to about 17 pips from the post-jobs expansion, and EMA20/EMA50 have flattened together near 0.6965 with price above both.
Support: 0.6970, 0.6936, 0.6894
Resistance: 0.7000, 0.7013, 0.7045
What it said to watch
H4 close above the 0.7013 range top ends the three-week range and exposes the 0.7045 prior range highs
Rejection at 0.7000 psych and a break of the 0.6970 higher low / rising trendline would turn structure back toward the 0.6936 swing low
Loss of the 0.6894 range low would confirm a lower low below the recent recovery fib base
AU flash PMIs Thu 22:00 UTC and RBA Governor Bullock Fri 10:00 UTC could materially shift this read
US S&P Global PMIs Fri 13:45 UTC are the main USD-side risk to the range-top test
09:03 UTC
Sideways after late-Sept decline, pressing range top · RSI 63 · price 0.69963
0.6894–0.7013 range; false break of lows, higher lows since.
After the slide from 0.7110, AUDUSD has held a three-week range between the 0.6894 range low and the 0.7013 range high. The weak jobs print briefly pushed price below 0.6900, but that false break reversed on broad USD softness. Higher lows from that swing and the 0.6936 pullback low now have price retesting the 0.7000 psych level, with ATR(14) near 17.5 pips and price holding above both EMAs.
Support: 0.6970, 0.6936, 0.6894
Resistance: 0.7000, 0.7013, 0.7045
What it said to watch
H4 close above the 0.7013 range high breaks the range and brings the 0.7045 prior high into play
Rejection at 0.7000 psych, followed by a loss of the 0.6970 recent low, keeps the range read intact
A break of the 0.6936 pullback low snaps the higher-low recovery line and points back to the range low
AU flash PMIs (Oct 22, 22:00 UTC) and Bullock (Oct 23) could materially shift this read
US flash PMIs (Oct 23, 13:45 UTC) could revive USD demand at the range top
Three-week 0.6894–0.7013 range; higher lows since the jobs-miss low against a lower high at 0.6993.
The post-jobs-miss drop through 0.6900 to the 0.6894 range floor reversed as a false break. Softer US yields and China's export and GDP beats carried price back to the 78.6% retracement of the 0.7013 swing high to 0.6894 leg, holding above the ema50 near 0.6965. Higher lows at 0.6936 and 0.6950 now press against the 0.6993 lower high, and ATR(14) near 17 pips points to compression beneath the 0.7000 psych cap.
Support: 0.6965, 0.6950, 0.6894
Resistance: 0.6993, 0.7013, 0.7042
What it said to watch
H4 close above the 0.7013 swing high breaks the range top and opens the 0.7042 sept high
Repeated rejection at the 0.6993 lower high keeps the compression capped below 0.7000
Loss of the 0.6950 higher low and the ema50 at 0.6965 puts the 0.6894 range floor back in play
AU flash PMIs Thu 22:00 UTC and Bullock Fri 10:00 UTC could reprice RBA odds and test the range edges
US flash PMIs Fri 13:45 UTC could materially shift the USD leg of this read
01:03 UTC
Range-bound after early decline, recovering toward range top · RSI 57 · price 0.69823
0.6894–0.7013 range; higher low at 0.6936 after a failed break of the floor.
After the slide from 0.7125, AUDUSD has spent roughly three weeks in a 0.6900–0.7013 range. Supply capped the range top near 0.7013 and again just under the 0.7000 psych level. Last week's jobs shock pushed price briefly below the prior 0.6903 low to a 0.6894 range low, but the break failed. The rebound, helped by the China GDP beat and hawkish RBA commentary, has printed a higher low at 0.6936 and retraced about 80% of the range-top drop, with price now testing the 0.6993 swing high. ATR(14) is near 17 pips and contracting as price compresses beneath resistance, with price holding above both EMA20 and EMA50.
Support: 0.6936, 0.68939
Resistance: 0.69925, 0.7000, 0.70126
What it said to watch
H4 close above the 0.7013 range top would end the three-week range read
Repeated rejection at the 0.6993 swing high and 0.7000 psych keeps the range intact
Failure to hold the 0.6936 higher low reopens the 0.6894 range low
AU flash PMIs (Thu 22:00 UTC) and Bullock (Fri 10:00 UTC) could materially shift this read
US flash PMIs Fri 13:45 UTC are the main USD-side risk to the range