AUDUSD slid from the 0.7181 week high into a 0.7097 spike low during yesterday's NY session, coinciding with US-Iran headlines around the Strait of Hormuz. Price has since rebounded sharply through EMA20 and EMA50, with RSI cycling back to neutral around 52 after the oversold flush. Bounce is now stalling at 0.7169, just below broken support, leaving the recovery looking corrective so far.
Support: 0.7146, 0.71235, 0.70975
Resistance: 0.7169, 0.71815, 0.71759
What it said to watch
H1 close above 0.71690 opens room back toward the 0.71815 week high
Rejection from 0.71690 and a return below 0.71460 reasserts the lower-low structure
Tokyo CPI in the Asia session could shift broad USD tone and spill into AUD
Further Iran-related headlines remain a risk-off catalyst for AUD
22:01 UTC
Recovery off week's low, momentum stalling near range · RSI 54 · price 0.7163
Selloff and sharp reclaim back into prior range.
Price swept the week low at 0.7098 during the NY session before reclaiming the prior range in a sharp impulse on Iran-deal headlines, lifting through EMA(20) and EMA(50). Two prints into 0.7155 intraday low held, and 0.7163 now sits mid-range with RSI(14) cooling from 65 to 54. Resistance at 0.7169 session high has capped the latest push, with 0.7181 prior high above it.
Support: 0.7155, 0.7127, 0.70975
Resistance: 0.7169, 0.71815, 0.7192
What it said to watch
H1 close above 0.7181 prior high opens path back to 0.7192 week high
Loss of 0.7155 intraday low reopens the 0.7127 swing low area
Tokyo CPI in Asia session could shift USD tone and the recovery read
Iran-US MOU headline flow remains the dominant driver of risk FX
AUDUSD bounced sharply off the 0.70975 week low into NY hours yesterday on Iran-US MOU headlines and a softer US GDP print, reclaiming the EMA(20) and printing a fresh session high near 0.71690. Price has since stalled in a tight Asia-session range above the 0.71550 breakout level, with RSI(14) cooling from 70 to mid-50s — momentum digesting rather than rolling. Structure has shifted from this week's downtrend into a recovery leg as long as the prior swing at 0.71240 holds.
Support: 0.7157, 0.7124, 0.70975
Resistance: 0.7169, 0.7182, 0.7155
What it said to watch
H1 close back below the 0.71570 ema20 would neutralise the recovery read
Sustained break above 0.71690 session high opens path to the 0.71820 week high
Tokyo CPI in the Asia session could shift broader USD risk tone
Any reversal on the US-Iran MOU headlines would hit AUD via risk-off
AUDUSD bounced sharply off the 0.7097 week low into the NY session as USD came under broad selling on US/Iran MOU headlines and a softer US GDP print, reclaiming both EMA20 and EMA50 in one impulsive leg. The pair printed a double bottom around 0.7100 and broke out through 0.71479 before stalling just under the session high at 0.7169. Structure has shifted from a multi-day grind lower into a recovery, with RSI cycling back above 55.
Support: 0.71479, 0.7117, 0.70975
Resistance: 0.7169, 0.71815
What it said to watch
Hourly close above 0.71690 opens the path back to the week high at 0.71815
Failure to hold the 0.71479 breakout base would signal the bounce is fading
Loss of 0.71170 reopens the week low at 0.70975
Fed Musalem hawkish tone and any Trump approval/rejection of the Iran MOU could materially shift this read
19:01 UTC
Rebound off weekly lows, momentum turning up · RSI 63 · price 0.71647
Sharp reversal from 0.7099 swing low, retake of 0.7160 mid-range.
AUDUSD reversed sharply off the 0.7099 weekly low during NY hours after the soft US GDP print and reports of a US-Iran ceasefire MOU weighed on the dollar. Price reclaimed EMA20 and EMA50 on a single impulse through 0.7148 breakout base, with RSI cycling to 63 and printing a bullish divergence into the low. Holding above 0.7160 keeps the recovery intact ahead of the week-high cluster at 0.7181.
Support: 0.71478, 0.7117, 0.70991
Resistance: 0.71815
What it said to watch
Hourly close back below 0.7148 breakout base would negate the reversal read
Acceptance through 0.7181 week high opens the path to a fresh weekly extension
Trump final approval on the US-Iran MOU could materially shift risk tone and AUD
18:01 UTC
Recovery off week low, momentum turning up · RSI 64 · price 0.71674
Sweep of 0.7100 then sharp reclaim back into range.
AUDUSD swept the 0.7100 level during early NY hours before snapping back above 0.7160, helped by a softer-than-expected US GDP print and risk-on flows on US/Iran ceasefire headlines. Price has reclaimed both EMA(20) and EMA(50) on H1 with RSI(14) lifting to 64, and the higher low at 0.70975 against last week's 0.71180 leaves a bullish divergence read intact. Buyers stepping in twice at the 0.7100 zone before the reversal.
Support: 0.7134, 0.7118, 0.70975
Resistance: 0.7179, 0.71815
What it said to watch
Sustained close above 0.71790 tue high reopens the week high at 0.71815
Failure back below 0.71340 broken pivot would negate the reclaim
Fresh Trump approval headline on the Iran MOU could materially shift this read
Sharp flush then V-shape reclaim toward mid-week range.
Price flushed to a 0.70975 week low during yesterday's NY session before a clean V-shape reclaim back through 0.71450 into today's session. The last six bars have pushed above EMA(20) and EMA(50) with RSI(14) at 64, working off a bullish divergence formed at the pre-flush low. The 60-day US/Iran ceasefire MOU headlines around the NY-Asia handover coincided with the strongest leg of the recovery.
Support: 0.7145, 0.7118, 0.70975
Resistance: 0.7170, 0.7179
What it said to watch
Sustained close back below 0.71450 reclaim base would re-open the 0.71180 pre-flush low
Rejection at 0.71790 tue high keeps the broader week range intact
Trump approval / rejection on the Iran MOU could materially shift risk tone
16:01 UTC
Pullback within broader range · RSI 56 · price 0.71515
Lower-high Wed, swept Thu low, snapping back.
Price spent Mon-Wed grinding higher into the 0.71815 week high before a sharp Wed NY-session rejection took AUDUSD down to a 0.70975 sweep low overnight. The current NY session has reclaimed EMA20 with a strong impulsive bar to 0.71553, leaving a bullish RSI divergence against the week low. Structure is now a range between 0.70975 and 0.71815 with price mid-range.
Support: 0.7124, 0.71014, 0.70975
Resistance: 0.71553, 0.71686, 0.71815
What it said to watch
Hourly close above 0.71553 session high opens path back to 0.71686 prior-day high
Failure to hold 0.71240 intraday low re-exposes the 0.71014 week low
Musalem/Williams Fed commentary keeps USD reactive into Asia session
AUDUSD broke down through the week's 0.7155 shelf during NY hours yesterday, accelerating to a 0.7097 swing low after the soft US Q1 GDP revision was offset by a strong durable goods print. Price is now grinding back toward the EMA20 near 0.7136, with RSI(14) showing a mild bullish divergence against the lower low. Structure remains a downtrend until the prior shelf at 0.7155 is reclaimed.
Support: 0.7117, 0.7100, 0.70975
Resistance: 0.7136, 0.7155
What it said to watch
H1 close back above 0.71550 prior shelf would neutralise the downtrend read
Break of 0.71000 week low confirms continuation to fresh swing lows
Failure to reclaim EMA20 keeps the lower-high sequence intact
Lower highs since Tuesday peak, holding above 0.7100.
AUDUSD turned lower from Tuesday's 0.7181 week high and printed a sharp NY-session flush to 0.7097 after the softer US Q1 GDP revision, before recovering to 0.7133. Price is carving a potential double bottom near 0.7100 with bullish RSI divergence on the second low, but each rebound has been capped under the H1 EMA(20) near 0.7142. Structure remains a downtrend until that band gives way.
Support: 0.7117, 0.7100, 0.70975
Resistance: 0.7142, 0.71815
What it said to watch
H1 close back above 0.7142 (ema20) would neutralise the downtrend read
loss of 0.7100 (week low) confirms a lower-low and invalidates the double bottom
follow-through USD reaction to soft GDP/jobless claims into NY close
AUDUSD has rolled over from Tuesday's 0.71815 week high, printing successive lower highs into the NY session with a sharp impulse leg down to 0.70975 — the week low. Price is recovering off that base, but action remains below both EMA(20) and EMA(50), and the durable goods beat earlier today reinforced USD strength. RSI(14) has lifted off oversold with a mild bullish divergence against the 0.70975 low.
Support: 0.7101, 0.7118, 0.70975
Resistance: 0.7142, 0.7156, 0.71815
What it said to watch
Hourly close back above 0.71560 broken support would neutralise the downtrend read
Failure to hold 0.71180 intraday low reopens the 0.70975 week low
US core PCE release today is the next material catalyst
12:01 UTC
Rolling over from week highs · RSI 38 · price 0.7113
Lower highs since Tuesday peak.
AUDUSD rolled over from Tuesday's 0.7181 week high through a sequence of lower highs and broke the 0.7120 shelf in NY hours yesterday, printing a 0.7099 week low. Price has stabilised in a tight 0.7110-0.7125 range below both H1 EMAs, with RSI at 38 reflecting bearish momentum that hasn't yet stretched into oversold. PCE due later sits as the obvious next catalyst.
Support: 0.7099, 0.7080
Resistance: 0.7160, 0.7180, 0.7181
What it said to watch
US core PCE print in the next session is the dominant catalyst
Hourly close back above 0.7160 ema20 would neutralise the lower-high sequence
Loss of 0.7099 week low opens path toward the 0.7080 round number
Lower highs since 0.7181, sweep of 0.7100 absorbed.
Pair has been grinding lower since Tuesday's 0.7181 high, with a clean break of 0.7150 in the NY session yesterday accelerating into a 0.70975 sweep low overnight. Buyers stepped in on the print toward 0.7100, lifting price back to 0.7120 ahead of US PCE, but each H1 bounce has stalled below EMA20 around 0.7127. RSI(14) sits at 38 with a mild bullish divergence into the sweep low — structural but unconfirmed without a reclaim of 0.7142.
Support: 0.7100, 0.70975
Resistance: 0.7127, 0.7142
What it said to watch
H1 close above 0.71270 (ema20) needed to neutralise the lower-high sequence
Loss of 0.70975 sweep low extends the downtrend
US PCE later today is the main session catalyst and could materially shift this read
Reclaim of 0.71420 prior swing would confirm the divergence
Price rejected the 0.71792 week high during yesterday's NY session and broke this week's rising support, accelerating into the 0.70975 week low overnight on Middle East risk-off headlines. The bounce into 0.7126 has stalled below the H1 EMA20 near 0.7142, leaving structure with a fresh lower high and lower low.
Support: 0.70975, 0.7116
Resistance: 0.7142, 0.71792, 0.7166
What it said to watch
Reclaim of 0.71420 EMA20 would neutralise the lower-high read
H1 close below 0.70975 week low extends the breakdown
US PCE release later today is a known risk to this read
AUDUSD broke down through the 0.7150 neckline during the NY session yesterday, flushing to 0.7097 on the Middle East risk-off headlines before basing into the Asia session. Price now sits below both EMA(20) and EMA(50), with the EMA(20) near 0.7127 acting as the first resistance, and the week low at 0.70975 the immediate downside reference. RSI(14) at 38 reflects stretched but not yet reversing momentum after the flush.
Support: 0.7100, 0.70975
Resistance: 0.7127, 0.7144
What it said to watch
Hourly close back above 0.71270 (ema20) would neutralise the breakdown
Loss of 0.70975 week low confirms downtrend extension
Further Iran/Hormuz risk-off headlines could re-accelerate the move
AUDUSD broke down through the week's range floor near 0.7160 in the latest NY session, printing a session low at 0.70975 after soft April household spending data and risk-off flow tied to Iran headlines. Price sits below both EMA20 and EMA50, and the rejection from 0.71815 earlier in the week now reads as the right shoulder of a head-and-shoulders capping this-week's range. RSI(14) recovered off oversold but the bounce has stalled into 0.71260, leaving the breakout retest live.
Support: 0.70975, 0.7100, 0.7116
Resistance: 0.7142, 0.7156, 0.71815
What it said to watch
H1 close back above the ema20 near 0.71420 would invalidate the breakdown read
Sustained acceptance below 0.71000 psych opens path toward extension of the move
Failure to reclaim the prior swing at 0.71560 keeps the lower-high structure intact
07:01 UTC
Downtrend, fresh leg lower · RSI 33 · price 0.71228
Lower highs and lower lows from 0.7181.
Aussie has rolled over from the 0.7179 week high, breaking the 0.7155 shelf during the NY session and extending to a 0.7097 session low before a modest bounce. The decline fits the head-and-shoulders read flagged in the morning commentary, with price now trading well below EMA20 and EMA50 and RSI(14) bottoming in the low-30s. Bounce stalling into 0.7122 keeps the lower-high sequence intact.
Support: 0.70975, 0.7085
Resistance: 0.71418, 0.71556, 0.71792
What it said to watch
H1 close back above 0.71556 broken shelf would neutralise the breakdown
loss of 0.70975 session low opens the 0.7085 psych area
stretched RSI in low-30s leaves room for a corrective bounce toward 0.7140
AUDUSD broke down through 0.7124 in the Asian session and printed a fresh week low at 0.70975, completing a head-and-shoulders structure flagged by the FXStreet desk. Price now trades 25 pips under EMA(20) with RSI(14) at 31 after stretching to 27 on the impulse leg. The week high at 0.71815 from Tuesday's NY session marks the right shoulder; rallies have been sold consistently since.
Support: 0.70975, 0.7100
Resistance: 0.71418, 0.71815
What it said to watch
An H1 close back above 0.71418 (ema20) would neutralise the breakdown
AUDUSD broke the 0.7128 shelf during yesterday's NY session and extended the move into Asia, printing a fresh week low at 0.7097 with RSI(14) now at 27. Price is back at the week's opening zone after a lower high at 0.7179 on Tuesday's NY session capped the recovery. The Mideast risk-off tone and softer Aussie household spending print are consistent with the structural break lower.
Support: 0.70975, 0.7085
Resistance: 0.71275, 0.7144, 0.7179
What it said to watch
H1 close back above 0.71275 broken shelf would neutralise the break
Pair broke down through the 0.7160 shelf during the NY session and extended to 0.7099, a fresh week low, with RSI(14) pushing into oversold near 28. Price sits below EMA20 and EMA50, both rolling lower, after AUD softness on reduced RBA hike bets and weak April household spending. The 0.71815 week high marked Tuesday's NY peak; lower highs have stacked since.
Support: 0.70991, 0.7116
Resistance: 0.7142, 0.71556, 0.71815
What it said to watch
Hourly close back above 0.71420 (ema20) would neutralise the breakdown
Failure to reclaim 0.71160 keeps the lower-low structure intact
Sustained loss of 0.70991 week low extends the downtrend
AUDUSD has rolled back over after Monday's bounce to 0.7179, with sellers re-engaging through the NY session and pressing the week low at 0.7119. Price now sits below both EMA20 and EMA50, and RSI(14) at 35 is near the lower end of its weekly cycle without divergence. Soft April household spending and reduced RBA hike bets, alongside Mideast risk-off flows, are framing the move.
Support: 0.7118, 0.7119, 0.7100
Resistance: 0.7144, 0.7179
What it said to watch
Hourly close below 0.7119 confirms a lower-low and extends the downtrend
Reclaim of 0.7144 prior swing would neutralise the bearish read
Stabilisation at 0.7118 session low would build a potential double bottom
AUDUSD has rolled over from the 0.7180 week high into a fresh session low at 0.7118, with each NY session push lower meeting weaker bounces. Price sits below both EMA20 and EMA50 with RSI(14) at 36 and pressing toward oversold, mirroring the FXStreet read of reduced RBA hike bets and Mideast risk weighing on the Aussie. The prior shelf around 0.7155 capped Wednesday's bounce, reinforcing the lower-highs sequence.
Support: 0.71177, 0.7116
Resistance: 0.7142, 0.7155, 0.71792
What it said to watch
An hourly close below the 0.7116 week low confirms continuation of the downtrend
Reclaim of 0.7155 prior shelf would neutralise the lower-highs read
Any escalation headline from the Mideast strikes story could accelerate the move
01:01 UTC
Pullback within broader uptrend · RSI 38 · price 0.71302
Lower highs from week peak, holding above prior range.
AUDUSD topped at 0.7181 in Tuesday's NY session and has bled lower through the Asia-London handover, printing a clean sequence of lower highs into 0.7130. Price now sits below both EMA(20) and EMA(50) with RSI in the high 30s, and the 0.7160 shelf that held through Wednesday has flipped to resistance. Move reads as a pullback within the week's broader recovery rather than a structural break, with week low at 0.7116 still untested.
Support: 0.71235, 0.7116
Resistance: 0.7144, 0.7160, 0.71815
What it said to watch
H1 close below 0.71160 confirms a lower-low and extends the pullback
Reclaim of 0.71440 ema20 would neutralise the lower-high sequence
BoK decision and Fed speakers (Jefferson, Lane) in Asia hours could shift the read
00:01 UTC
Pullback within this-week uptrend · RSI 41 · price 0.71412
Lower highs from 0.7181 peak.
AUDUSD spent the week grinding higher from the 0.7116 low into Wednesday's 0.7181 week high, then rejected sharply during the NY session and gave back most of the advance. Price now sits below both EMA(20) and EMA(50) with RSI cycling in the low 40s, putting the wk swing low at 0.7123 back in focus as buyers stepped in there overnight.
Support: 0.71235, 0.7116
Resistance: 0.7149, 0.71815
What it said to watch
H1 close back above the ema20 around 0.7149 would neutralise the pullback read
loss of the wk swing low at 0.7123 opens the prior wk low at 0.7116
BoJ/yen carry headlines and RBNZ hawkish hold spillover continue to drive AUD crosses