AUDUSD remains in a clean H4 downtrend, posting an 8th straight down leg to two/three-month lows after soft May CPI (4.0% vs 4.4%) revived the no-hike RBA view while a firm USD held its bid. Price carved a swing low at 0.6884 and is staging a shallow bounce, but trades well below EMA20 and EMA50, keeping the structure intact. RSI is recovering off oversold, the only sign of momentum easing within the broader slide.
Support: 0.6884, 0.6835
Resistance: 0.6927
What it said to watch
Close below 0.6884 swing low opens the march low at 0.6835
H4 close above 0.6927 recent high needed to challenge the lower-high sequence
RBA Gov Bullock speech (Sun) is a high-impact risk that could shift this read
AUDUSD has logged a sustained slide from 0.7180, the eighth straight down leg, after soft May CPI revived the no-hike RBA view and a hawkish-Fed bid lifted the dollar. Price is now basing around 0.6884-0.6900 with ATR(14) easing off the impulse leg's expansion, a stretched/oversold read into the late-month lows. Both EMAs remain above price and the structure stays lower-high, lower-low until proven otherwise.
Support: 0.68837, 0.6835
Resistance: 0.6920
What it said to watch
H4 close below 0.6835 opens fresh downside
Reclaim above 0.6920 challenges the lower-high sequence
RBA Gov Bullock speech (Sun) is a high-impact risk that could shift this read
Lower highs and lower lows, basing near range floor.
AUDUSD remains in a clean H4 downtrend, sliding ~2.5% over eight sessions to 7-month lows as softer May CPI (4.0% vs 4.4%) and hawkish-Fed repricing kept the pair heavy. Price has carved a tentative base around 0.6884 and is now pressing the 0.6920 range cap. Momentum is oversold and EMA20/EMA50 still stack above price, keeping the bias structurally lower until a higher high prints.
Support: 0.6884, 0.6835
Resistance: 0.6920, 0.7012
What it said to watch
H4 close above 0.6920 range cap opens the path toward 0.7012
Failure to hold the 0.6884 swing low exposes 0.6835 key support
US PCE and Fedspeak could materially shift this read in the next bars
RBA Bullock speech (Sat) — hawkish tone could fuel a short-cover bounce
AUDUSD remains in a clean H4 downtrend, sliding ~2.5% over eight sessions to 7-month lows as softer May CPI (4.0% vs 4.4%) softened the RBA case and hawkish-Fed bets kept the USD bid. Price has based around 0.6884–0.6920 and the latest bar bounced off 0.68837 to close at 0.69211, with RSI lifting off oversold. Structure stays heavy below EMA20 and EMA50, but compression near the lows raises short-cover risk.
Support: 0.68837, 0.6835
Resistance: 0.6950
What it said to watch
Break below 0.6835 key support opens deeper downside
Close above 0.6950 (ema20) needed to ease the downtrend read
RBA Gov Bullock speech (Sat) and US PCE could materially shift this read
Successive lower highs and lower lows into multi-month lows.
AUDUSD remains in a clean H4 downtrend, grinding to multi-month lows near 0.6890 on an extended losing run as hawkish-Fed USD strength and softer Australian headline CPI weigh. Price has stalled into a tight 0.6884-0.6920 band over the last several bars, with RSI in oversold territory hinting at compression after the impulsive leg lower. ATR(14) stays elevated, reflecting the recent expansion rather than fresh compression.
Support: 0.6884, 0.6835
Resistance: 0.6920
What it said to watch
US PCE today is the immediate catalyst and could materially shift this read
Loss of 0.6884 reopens the path toward the 0.6835 mar-apr low
Reclaim and hold above 0.6920 range top would ease the downside pressure
RBA Bullock (Sun) and minutes (Tue) are upcoming AUD risk events
13:02 UTC
Downtrend, extended · RSI 31 · price 0.68901
Lower highs and lower lows; multi-week decline into oversold.
AUDUSD remains in a clean H4 downtrend, carving lower highs and lower lows through an 8-session slide to multi-month lows near 0.6884 on hawkish-Fed USD dominance and soft Australian CPI. Price is pinned below both EMA20 and EMA50 with RSI in oversold territory, and the last three bars are basing just above the 0.6884 session low. The 0.6835 March trough is the next structural reference if the decline extends.
Support: 0.68837, 0.6835, 0.69162
Resistance: 0.69229
What it said to watch
US Core PCE at 12:30 UTC is a high-impact catalyst that could shift this read
Loss of 0.6884 reopens the path toward 0.6835 March trough
H4 close back above 0.6920 would ease near-term downside pressure
AUDUSD remains in a clean H4 downtrend, printing successive lower highs and lower lows into a fresh multi-month low at 0.6884 as broad USD strength and a tech-led equity rout outweighed firm Aussie jobs and sticky core CPI. Price is now hugging the 0.6900 pivot with RSI oversold and the last few bars compressing, hinting at a stall rather than a base. Both EMA20 and EMA50 sit above price, framing 0.6900-0.6920 as the zone capping any corrective bounce.
Reclaim and hold above 0.6920 would challenge the lower-high sequence
US Core PCE today 12:30 GMT could materially shift this read
09:02 UTC
Downtrend, extended · RSI 33 · price 0.69015
Lower highs, lower lows since 0.7200.
AUDUSD remains in a clean H4 downtrend, carving lower highs and lower lows from the 0.7200 area into the current 0.6900 zone as USD strength and the tech-led equity rout dominate an 8-day slide. Price is pressing the 0.6900 psychological pivot with RSI deeply oversold; the last few bars have stalled just above 0.6884 rather than extending. Below 0.6884 the March–April trough at 0.6835 is the next structural reference.
Support: 0.68837, 0.6835
Resistance: 0.6900
What it said to watch
Sustained H4 acceptance below 0.6884 opens 0.6835
Reclaim and hold of 0.6900 needed to relieve downside pressure
Core PCE today 12:30 GMT could materially shift this read
05:02 UTC
Downtrend, extended into lows · RSI 38 · price 0.68973
Lower highs, lower lows.
Persistent lower-high, lower-low structure has dragged AUDUSD to fresh 3-month lows near 0.6890, with price now accepting below the 0.6900 psych level after the tech-led USD bid and hawkish-Fed repricing capped every bounce. ATR(14) near 19 pips marks a steady, grinding decline rather than a blow-off, and the pair sits below both EMAs. RSI in the high-30s shows the move stretched but not yet reversing.
Support: 0.68837, 0.6835
Resistance: 0.6900, 0.69229
What it said to watch
Sustained acceptance below 0.6884 opens the 0.6835 march low
H4 close back above 0.6925 would break the lower-high sequence
US Core PCE Thursday is the dominant near-term catalyst and could shift this read
05:02 UTC
Downtrend, extended into lows · RSI 34 · price 0.68973
Lower highs and lower lows, no base yet.
AUDUSD remains in a clean H4 downtrend, carving lower highs and lower lows into 3-month lows around the 0.6900 psych level, with price pinned beneath both EMA20 and EMA50. The leg lower accelerated this week on USD exceptionalism and a tech-led equity rout, leaving RSI oversold even as a strong AU jobs beat (+40.3K) failed to halt the slide. Price is probing the 0.6882 swing low; below that the March-April low at 0.6835 is the next major reference.
A soft US Core PCE Thursday could spark an oversold short-cover bounce back toward 0.6920-0.6925
Reclaim of the 0.7000 key cap would neutralise the bearish structure
01:02 UTC
Downtrend, extending · RSI 32 · price 0.68946
Lower highs and lower lows, fresh multi-month low.
AUDUSD has trended steadily lower through the window, carving lower highs and lower lows from the early-month 0.7189 peak to a fresh multi-month low at 0.6882. The latest leg accelerated below the 0.6900 psych level as tech-led risk-off and a hawkish-Fed USD weighed, with softer headline CPI failing to slow the slide. Price sits below both EMA20 and EMA50 with RSI in oversold territory, signalling momentum is extended.
Support: 0.6882, 0.6835
Resistance: 0.6900, 0.7018, 0.7000
What it said to watch
Australian jobs data (~01:30 UTC) is the immediate catalyst — a beat could trigger a snap-back squeeze toward 0.7000
Acceptance below 0.6900 keeps the 0.6835 trough in focus
A reclaim and hold of 0.6900 would challenge the breakout read
01:02 UTC
Downtrend, extending · RSI 29 · price 0.68946
Lower highs and lower lows, fresh multi-month lows.
AUDUSD remains in a clean H4 downtrend, carving lower highs and lower lows since the rejection near 0.7200 and now accepting below the 0.6900 psych level into fresh multi-month lows. The leg lower accelerated on the global tech-led risk-off and hawkish-Fed USD bid, with softer headline CPI failing to arrest the slide. Price sits well below both EMAs with RSI deeply oversold, leaving the March-April trough at 0.6835 as the next structural reference.
Support: 0.6882, 0.6835
Resistance: 0.6900
What it said to watch
Australian jobs print due imminently (01:30 UTC) — strong beat could trigger a snap-back toward 0.6900
Acceptance below 0.6882 opens the 0.6835 mar-apr low
An H4 close back above 0.6900 would neutralise the breakdown read