Every read JAFX AI made on the AUD/USD weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:03 UTC
Uptrend, pulling back · RSI 46 · price 0.70025
Pullback within multi-quarter uptrend.
AUDUSD has trended higher since the April 2025 low near 0.5913, advancing through 2025-26 to peak at 0.7277 before this multi-week pullback toward the 0.7000 round number. Price holds well above a rising W1 EMA(50), so the macro uptrend structure remains intact even as the latest legs print lower highs. The widening RBA-Fed policy gap and a firm USD are the backdrop weighing on the pair near term.
Support: 0.7000, 0.6880
Resistance: 0.7240
What it said to watch
- Weekly close below 0.6880 would break the sequence of higher lows
- Reclaim of 0.7240 needed to signal the advance resuming
- RBA Bullock speech and minutes early next week could shift this read
19:03 UTC
Uptrend, momentum slowing · RSI 49 · price 0.70025
Higher highs since Q2 2025, pulling back from range top.
Macro uptrend from the 0.5913 low intact — EMA(50) is rising and price holds above it, so the multi-quarter regime is constructive. Price has pulled back from the 0.7248 high and is now testing the 0.7000 psychological level, sitting just under EMA(20) after a three-week fade. The digest flags a widening RBA-Fed policy gap and a firm USD as the macro drag, with RBA Bullock and minutes the next catalysts.
Support: 0.6978, 0.6878
Resistance: 0.7148, 0.7248
What it said to watch
- Weekly close below 0.6878 confirms a lower-low and breaks the rising-support structure
- Reclaim of 0.7148 swing high reopens the path toward the 0.7248 prior high
- RBA Bullock speech and minutes could materially shift this read