19:04 UTC
Uptrend, momentum cooling · RSI 55 · price 0.69765
Higher highs since Q2-25, now consolidating below the peak.
Multi-quarter uptrend from the April-25 low near 0.591, with the rally accelerating late 2025 through 0.68 and peaking at 0.72772 in Q2-26. Price has since pulled back and is consolidating around 0.6976, holding above a rising EMA(50) — macro structure intact. AUD remains boxed near 0.70 as firm USD caps upside into the Q2 CPI, a relative-outperformer regime that has stalled short of the prior high.
Support: 0.6875, 0.6800
Resistance: 0.7000, 0.7147, 0.72772
What it said to watch
- Weekly close back above 0.7147 swing high reopens the 0.72772 prior high
- Loss of the 0.6875 swing low exposes the 0.6800 round number
- Q2 CPI (Wed) and FOMC could materially shift this read