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.
21:03 UTC
Downtrend from May peak · RSI 39 · price 0.7008
Lower highs, lower lows; testing 0.7000.
Downtrend since the early-May peak near 0.7277, with roughly six weeks of lower highs and lower lows dragging price onto the 0.7000 handle — which lines up with the 61.8% fib of the March-May rally. Price sits below both EMA20 and EMA50 as the hawkish-Fed dollar bid weighs on high-beta AUD. The pair is pinned at the 0.7000 psych mark ahead of Wednesday's Australian CPI.
Support: 0.7000, 0.6989, 0.6864
Resistance: 0.7050, 0.7170
What it said to watch
- D1 close below 0.6989 swing low confirms continuation lower
- Acceptance below the 0.7000 / 61.8% fib zone opens deeper downside
- Reclaim of the 0.7050 pivot would stall the lower-high sequence
- Australia CPI Wed 24th could materially shift this read
21:03 UTC
Downtrend, testing psych support · RSI 40 · price 0.7008
Lower highs since early-May peak.
AUDUSD has rolled over from the early-May peak at 0.7277, sliding through the 0.7050 pivot and now pinned to the 0.7000 handle — which aligns with the 61.8% retrace of the late-Feb to early-May rally. The leg lower followed the hawkish FOMC dot-plot shift that flipped the 2026 Fed path from cut to hike, lifting the USD and pressuring high-beta AUD. Price sits below a falling EMA(50) with RSI in the high-30s, marking a sustained sub-0.7050 stance over the last two weeks.
Support: 0.7000, 0.69787
Resistance: 0.7050, 0.71665
What it said to watch
- Daily close below 0.7000 confirms acceptance under the 61.8% fibo and opens deeper downside
- Reclaim of 0.7050 pivot would neutralise the lower-high structure
- Australia CPI Wed 01:30 UTC (YoY f/c 4.3%) is the key catalyst — an upside surprise could squeeze AUD higher