AUDUSD has recovered steadily from the Monday flush to 0.7099, grinding higher through London and into NY hours with price now consolidating in the upper 0.716s above both EMAs. The 0.71815 session high capped Monday's NY push and a softer retest is now holding the 0.71600 intraday base. RSI(14) sits mid-range near 54, reflecting the loss of momentum after the impulse.
Support: 0.7160, 0.7144, 0.7116
Resistance: 0.7176, 0.71815
What it said to watch
Australia April CPI release in ~3h could materially shift this read
H1 close above 0.71815 week high would extend the recovery
Loss of 0.71600 intraday base opens 0.71440 prior pivot
Kashkari hawkish Fed comments still in background, USD-supportive
AUDUSD has recovered steadily since Monday's open from the 0.7116 week low, posting higher lows into the NY session and stalling under 0.7180 where the week high at 0.71815 capped Monday's NY push. Price is consolidating in a tight 0.7160–0.7170 band above both EMAs with RSI flattening near 54, momentum cooling ahead of the Australia CPI print on Wednesday.
Support: 0.7160, 0.71519, 0.7116
Resistance: 0.71759, 0.71815, 0.7200
What it said to watch
H1 close above 0.71815 opens path toward 0.72000 psych
Loss of 0.71600 intraday base exposes Mon swing low at 0.71519
Australia CPI in next few hours could materially shift this read
AUDUSD has climbed steadily since Monday's London open, posting a week high at 0.71815 during the NY session before stalling. Price is now consolidating in a tight range above the 0.71600 intraday low, holding above EMA20 with RSI cycling around 50–55 on pullbacks. The 0.71774–0.71815 zone has capped two attempts and is the obvious supply ahead of Wednesday's Australia CPI print.
Support: 0.7160, 0.71519, 0.71285
Resistance: 0.71784, 0.71815, 0.71681
What it said to watch
H1 close above 0.71815 session high opens path to 0.7200 psych
Loss of 0.71519 swing low breaks the week's higher-low sequence
Australia CPI on Wednesday 01:30 GMT could materially shift this read
AUDUSD has rebuilt steadily since Friday's flush to 0.7107, printing higher lows through the London-NY sessions and tagging the week high at 0.7181 before sellers leaned in. Price now consolidates around 0.7166 with RSI(14) hovering mid-range and EMA20 tracking pullbacks near 0.7149. The 50% fib of the May high–Friday low sits at 0.7177, aligning with the week high to define the ceiling.
Support: 0.7160, 0.7149, 0.7107
Resistance: 0.7181, 0.7177, 0.7200
What it said to watch
Hourly close above 0.7181 opens the path toward the 0.7200 psych level
Loss of the 0.7160 intraday base exposes the ema20 near 0.7149
Australia CPI release ahead could materially shift this read
AUDUSD has climbed steadily from Friday's 0.7107 low, posting a string of higher lows through the London and NY sessions this week. The 0.7178–0.7181 week high capped two attempts during yesterday's NY session, with price now drifting sideways above EMA(20) near 0.7149. RSI(14) has flattened around 52 after rolling off mid-60s, pointing to cooling momentum into a tight range.
Support: 0.7149, 0.7135
Resistance: 0.7178, 0.71815, 0.7172
What it said to watch
H1 close above 0.71815 (50% fib) opens path toward the May highs
Loss of 0.71490 ema20 puts the rising wedge structure under pressure
MUFG/forexlive flagging 0.7177 as a key ceiling — rejection or break defines next leg
18:01 UTC
Recovery from midweek low, momentum fading at range top · RSI 52 · price 0.71626
Range reasserting after a failed breakout attempt.
AUDUSD rebounded off the 0.7099 week low set during Friday's NY session and has spent this week's London-NY hours grinding back into the 0.7160–0.7180 zone. Today's NY session tagged 0.71815 then faded, with the 50% retracement at 0.71774 capping price for a second time. RSI(14) cycling around 50 and price drifting sideways into the close suggests the recovery impulse has stalled at known resistance.
Support: 0.7158, 0.7149, 0.7116
Resistance: 0.71815, 0.71774, 0.7170
What it said to watch
Hourly close above 0.71815 invalidates the range-top rejection read
Loss of 0.71580 session low opens a retest of the EMA(20) near 0.71490
MUFG/positioning commentary flags stretched AUD longs — sentiment risk into Asia
Higher lows since Friday's low, capped under 0.7182.
AUDUSD has ground higher through this week's London and NY sessions after basing near 0.7100 on Friday, with the rally peaking at 0.71815 before stalling. Yesterday's NY session saw sellers lean against the 0.7178 area and price has since drifted into a tight 0.7158–0.7170 range, with RSI(14) cooling back to the mid-50s. Momentum is fading into resistance even as higher lows hold.
Support: 0.7158, 0.7149, 0.71285
Resistance: 0.7178, 0.71815
What it said to watch
H1 close above 0.71815 rally peak opens path higher
Break of 0.71580 session low exposes the ema20 confluence near 0.7149
MUFG flagging stretched AUD positioning aligns with the rejection at 0.7178
Higher lows since Friday's flush, capped at 0.7180.
AUDUSD has ground higher since Monday's session open, recovering the Friday flush that printed the 0.71285 weekly low, with price now coiling under the 0.71815 week high. Pullbacks into the NY session yesterday and again today have held the 0.71600 intraday floor and EMA(20), but RSI(14) has flattened near 50 and the upper boundary is rejecting cleanly — MUFG's note flagging stretched positioning aligns with the loss of impulse.
Support: 0.7160, 0.71519, 0.71285
Resistance: 0.71815, 0.71759, 0.71722
What it said to watch
Hourly close above 0.71815 opens path toward 0.7200 round number
Loss of 0.71600 intraday floor exposes 0.71519 session low and the weekly low
RBNZ event risk this week could spill into AUD via cross flow
AUDUSD has clawed back the early-week flush to 0.7099 with a steady grind of higher lows, but the 0.7178 week high rejected on the prior NY session and price is now consolidating just above EMA(20). RSI(14) has cooled to the low-50s as the rally loses thrust, and MUFG-flagged positioning concerns echo the H1 cap forming under 0.7178. The session low at 0.71561 is the immediate pivot for the recovery leg.
Support: 0.71561, 0.71439, 0.7119
Resistance: 0.71784, 0.71722, 0.71681
What it said to watch
H1 close above 0.71784 week high reopens the upside extension
Loss of 0.71561 session low confirms a lower-high under the cap
Break of 0.71439 prior swing invalidates the recovery structure