Lower highs below 0.7000, consolidating near week low.
Aussie failed repeatedly above the 0.7000 psych mark all week and slid to a 0.6962 week low after RBA's Bullock speech offered no imminent hike signal, reviving risk-off. Price is now consolidating around 0.6972, pinned below the EMA20 with a chain of lower highs from 0.6996. RSI(14) sits mid-40s, reflecting stalled downside rather than fresh selling.
Support: 0.6962
Resistance: 0.6974, 0.6983, 0.7000
What it said to watch
H1 close above 0.6983 prior high challenges the lower-highs structure
Failure to hold 0.6962 week low opens further downside
Australian CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
AUDUSD slid back under 0.6970 after RBA's Bullock offered no imminent hike signal and a broad risk-off tone left the Aussie the G10 laggard, extending a week of failed attempts at the 0.7000 psych mark. Price trades below EMA20 and EMA50 with a series of lower highs off the 0.7011 peak, though the week's 0.6962 low is holding and RSI has flattened near 42 in thin Asian trade. The dominant this-week cap remains the 0.7000 ceiling.
Support: 0.6962, 0.6966
Resistance: 0.6983, 0.6994, 0.7000
What it said to watch
Australian CPI Wed 01:30 GMT could materially shift this read
Loss of 0.6962 swing low confirms a lower-low and opens further downside
H1 close back above 0.6994 lower high would neutralise the downtrend read
FOMC ~16h after CPI adds a second USD-driven risk event
AUDUSD has oscillated below the 0.7000 psychological mark all week, with Monday's push to 0.7020 rejected and every rally capped near the round number. Bullock's non-committal tone yesterday fed broad risk-off and dragged the Aussie to a week low near 0.6962 before a shallow bounce back to the EMA20 around 0.6973. Price now sits below the EMA50 with RSI cycling in the mid-40s — no directional resolution ahead of Wednesday's CPI.
Support: 0.6973, 0.6962
Resistance: 0.6983, 0.7000, 0.7020
What it said to watch
Australian Q2/June CPI Wed 01:30 GMT is the dominant near-term catalyst for this read
H1 close below 0.6962 confirms a lower-low and opens further downside
Reclaim and hold above 0.7000 needed to invalidate the capped-range read
AUDUSD spent the week pinned around 0.7000, with every push toward 0.7011/0.70108 rejected below the psych mark. Price slid into the back half of the week and printed a lower low near 0.69621 after RBA's Bullock offered no imminent-hike signal and a broad risk-off tone weighed; the pair has since stabilised around 0.6975, hovering on EMA20 but below EMA50. RSI(14) sits mid-range near 47, consistent with the compression under the 0.7000 ceiling.
Support: 0.69621, 0.69735
Resistance: 0.7000, 0.6994, 0.70108
What it said to watch
Australian CPI Wed 01:30 GMT is the dominant near-term catalyst for this pair
FOMC ~16h after CPI could materially shift the USD leg of this read
H1 close above 0.7000 invalidates the capped-range read
Failure to hold 0.69621 confirms a lower-low and opens further downside
21:03 UTC
Downtrend, below EMAs · RSI 44 · price 0.69733
Lower highs off 0.7000, holding above week low.
Aussie failed repeatedly at the 0.7000 psych mark this week before sliding into the NY session toward the 0.69621 week low, after RBA's Bullock struck a non-committal tone amid broad risk-off. Price now sits below both EMAs and is basing just above 0.6965, with RSI(14) recovering off oversold territory. The dominant move remains the lower-high sequence rolling off 0.70108.
Support: 0.6965, 0.69621
Resistance: 0.7000, 0.70108
What it said to watch
Australian CPI Wed 01:30 GMT is the key near-term driver for this pair
Failure to hold 0.6965 confirms a lower-low and opens the week low at 0.69621
H1 close back above 0.7000 psych invalidates the lower-high sequence
AUDUSD has spent the week penned below the 0.7000 psych level, with early highs near 0.70200 capping and a steady sequence of lower highs since. Price slid back through the NY session and now trades sub-0.6975 below both EMA20 and EMA50, RSI holding in the low-40s after the latest bounce off 0.69860 was rejected. The Aussie remains the G10 laggard as Bullock's non-committal tone and risk-off weigh into Wednesday's Q2 CPI.
Support: 0.69621, 0.69525
Resistance: 0.6986, 0.7000, 0.7011
What it said to watch
Australian CPI Wed 01:30 GMT could materially shift this read
Failure to hold 0.69621 confirms a lower low and opens further downside
H1 close back above 0.70000 psych invalidates the capped read
20:02 UTC
Downtrend within weekly range · RSI 44 · price 0.69742
Lower highs, sub-0.7000 grind.
AUDUSD spent the week pinned around the 0.7000 psych level, failing repeatedly above it before rolling over toward 0.6962 as RBA Bullock's cautious tone and broad risk-off left the Aussie the G10 laggard. Price now consolidates near 0.6974 below both H1 EMAs, with lower highs stacking under 0.7000. RSI(14) is mid-40s, reflecting the loss of upside momentum rather than an outright washout.
Support: 0.69621, 0.6965
Resistance: 0.7000, 0.70108
What it said to watch
H1 close above 0.7000 invalidates the sub-0.7000 range read
Failure to hold 0.69621 confirms a fresh lower-low
Australian CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
AUDUSD spent the week pinned around the 0.7000 psychological mark, repeatedly rejected above it, before sliding sub-0.6970 into the NY session after Bullock's non-committal RBA tone and a broad risk-off bid for the dollar. Price now sits below EMA20 and EMA50 with RSI cycling in the mid-40s; buyers stepped in near 0.6962 but the recovery has stalled ahead of 0.6983. The 0.7000 ceiling and week low at 0.6962 frame the range.
Support: 0.69625, 0.6966
Resistance: 0.7000, 0.6983
What it said to watch
H1 close above 0.7000 invalidates the sub-0.70 downside read
Failure to hold 0.6962 week low opens further downside
Australian CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
Week-long range under 0.7000, probing lower after breakdown to 0.6962.
Aussie has been penned below the 0.7000 psych mark all week, with every push toward it rejected. Price slid to a 0.6962 week low after RBA's Bullock struck a non-committal tone and a broad risk-off bid, then bounced to 0.6983 before fading into the NY session; last close sits at 0.69753, hovering on EMA(20) but below EMA(50). RSI(14) is sub-50, matching the loss of upside momentum.
Support: 0.6970, 0.6962
Resistance: 0.6986, 0.7000
What it said to watch
Australian Q2/June CPI Wed 01:30 GMT could materially shift this read
FOMC ~16h after CPI is a further risk to the USD leg
H1 close above 0.70000 negates the capped-range read
Failure to hold 0.69620 week low opens further downside
19:02 UTC
Downtrend within sub-0.7000 range · RSI 44 · price 0.69753
Lower highs, recent lower low near 0.6962.
AUDUSD has been penned below the 0.7000 psych mark all week, with rallies to 0.7011 repeatedly capped and price now trading below both EMA20 and EMA50. The pair slid to 0.6962 in the recent NY session after RBA's Bullock struck a non-committal tone amid broad risk-off, then bounced modestly to 0.6975. RSI(14) is mid-40s, matching the drift lower without reaching oversold.
Support: 0.6962, 0.69625
Resistance: 0.7000, 0.6985, 0.70108
What it said to watch
Australian CPI Wed 01:30 GMT could break this range decisively
H1 close above 0.7000 invalidates the sub-0.7000 downtrend read
Downtrend within weekly range · RSI 45 · price 0.69757
Lower highs, testing weekly lows.
AUDUSD spent the week pinned under 0.7000, failing above it repeatedly before sliding toward the 0.6962-0.6965 area after Bullock's non-committal RBA tone and broad risk-off. The latest bounce stalled at 0.6983, right on the 38.2% fibo, and price has drifted back below EMA20/EMA50 with RSI mid-range. Structure is a sequence of lower highs capped by the 50-DMA/fibo confluence.
Support: 0.6964, 0.69618
Resistance: 0.6984, 0.7000
What it said to watch
Australian CPI Wed 01:30 GMT could materially shift this read
H1 close below 0.6962 confirms a lower low and opens further downside
Reclaim of 0.7000 needed to negate the lower-highs sequence
FOMC ~16h after CPI is a second-order risk for the USD leg
Lower highs under 0.7000, holding above weekly low.
AUDUSD has oscillated around the 0.7000 psych mark since Monday, with every push toward it rejected and lower highs building beneath. The pair slid to 0.69621 after Bullock's non-committal tone and a broad risk-off bid left AUD the G10 laggard; a shallow bounce to 0.69859 has since faded back below EMA20. RSI(14) sits mid-range near 46, tracking the drift lower rather than confirming a reversal.
Support: 0.69621, 0.6970
Resistance: 0.6985, 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 psych invalidates the capped-range read
Failure to hold 0.69621 swing low opens further downside
Australian CPI Wed 01:30 GMT could materially shift this read
AUDUSD has oscillated below the 0.7000 psych level all week, with every push toward the round number rejected and this-week's high pinned at 0.70108. Price slid to a 0.6962 week low after RBA's Bullock struck a non-committal tone amid broad risk-off, and has since bounced back to 0.6982, reclaiming the EMA20 while staying under the EMA50. RSI(14) sits mid-range near 53 after cycling off the lows.
Support: 0.6962, 0.6975
Resistance: 0.7000, 0.70108
What it said to watch
H1 close above 0.7000 psych invalidates the range-cap read
Failure to hold 0.6962 week low opens further downside
Australian CPI Wed 01:30 GMT and FOMC ~16h later could reset this range
AUDUSD spent the week pinned under the 0.7000 psychological cap, repeatedly failing above it before a NY-session slide dragged price to a week low at 0.69621 as RBA's Bullock offered no imminent hike signal and broad risk-off hit the Aussie. The last few bars have reclaimed EMA20 with a bounce to 0.69826, but the sequence of lower highs and the 0.7000 ceiling remain intact. RSI(14) has cycled back to the mid-50s off oversold, consistent with a corrective rebound rather than trend change.
Support: 0.69621, 0.6976
Resistance: 0.7000, 0.6994
What it said to watch
Australian CPI Wed 01:30 GMT could materially shift this read
Hourly close above 0.70000 psych cap would break the lower-high sequence
Failure to hold 0.69621 week low confirms continued downside
FOMC ~16h after CPI adds a second event risk to the USD leg
16:02 UTC
Downtrend, bounce off lows · RSI 55 · price 0.69832
Lower highs capped below 0.7000; double base near 0.6962.
AUDUSD opened the week near 0.6995 and slid to the 0.6962 lows as tech-led risk-off and Bullock's non-committal tone weighed, with the 0.7000 psych cap and 50-DMA capping every attempt higher. The pair has twice based around 0.6962 and the latest NY-session bar has lifted price back above EMA(20) to 0.6983, with RSI(14) recovering through the mid-50s. Lower highs from 0.70207 remain the dominant descending structure into event risk.
Support: 0.6966, 0.6962
Resistance: 0.6994, 0.7000, 0.70207
What it said to watch
Australia CPI Wed 01:30 GMT then FOMC later Wed are the dominant catalysts and could reset this read
H1 close above 0.7000 psych cap / 50-DMA invalidates the lower-high structure
Failure to hold 0.6962 week low confirms a fresh lower low
16:02 UTC
Downtrend, attempting to stabilise · RSI 51 · price 0.69832
Capped below 0.7000, double-bottom near 0.6962.
AUDUSD has drifted lower all week from the 0.7020 high, sliding under 0.7000 and the psych cap as risk-off from the AI/chip rout weighed. Price twice based near 0.6962 forming a double bottom and has bounced into the latest NY session to 0.6983, but sits below EMA50 with RSI recovering only to the mid-50s. Wednesday's Australian CPI is the dominant catalyst and dictates whether this bounce extends.
Support: 0.6962, 0.6970
Resistance: 0.7000, 0.6994, 0.7020
What it said to watch
H1 close above 0.7000 psych cap negates the sub-figure pressure
Failure to hold the 0.6962 swing low confirms a fresh lower low
Australia CPI Wed 01:30 GMT then FOMC later Wed can reset this read
AUDUSD ran to 0.7020 on Tuesday but repeatedly failed at the 50-DMA cap and has bled lower since, trading beneath EMA20 and EMA50 into the NY session near week lows around 0.6968. The 0.7000 psych level and the softer risk tone from the AI/chip selloff have capped every attempt this week, with demand only stepping in around the 0.6962 week low. Price is coiling just above that floor as the market squares up for the CPI/Fed double-header.
Support: 0.6962, 0.6944
Resistance: 0.6975, 0.7000, 0.7020
What it said to watch
Australia CPI Wed 01:30 GMT then FOMC — twin catalysts likely to override this structure
H1 close below 0.6962 confirms a fresh lower-low
Reclaim of 0.7000 would invalidate the lower-high sequence
AUDUSD has printed lower highs since the 0.7011 push earlier this week, repeatedly rejected at the 0.7000 psych level and 50-DMA cap as an AI/chip risk-off tone weighed. Price slipped through the NY session to ~0.6968, holding just above the 0.6962 swing low with RSI(14) sub-50 and price below both EMA20 and EMA50. The pair is compressing into Wednesday's Australia CPI and the FOMC decision — twin catalysts back-to-back.
Support: 0.6962, 0.6940
Resistance: 0.7000, 0.7011, 0.7028
What it said to watch
Australia CPI Wed 01:30 GMT then FOMC could materially shift this read
H1 close below 0.6962 confirms a lower-low
Reclaim of 0.7000 invalidates the sub-figure rejection read
AUDUSD spent this week capped at the 0.7020 area — the 50-DMA/Fibo cap flagged in the macro read — and has drifted back toward the lower end of the range, printing lows near 0.6962. Price is trading under the H1 EMA20 (~0.6980) with RSI(14) cycling in the mid-40s, and 0.7000 has rejected repeatedly during NY hours. Buyers stepped in around 0.6962 on the latest dip, keeping the range floor intact for now.
Support: 0.6962, 0.6944
Resistance: 0.6980, 0.7000, 0.7020
What it said to watch
Australia Q2/June CPI Wed 01:30 GMT then FOMC could materially shift this read
H1 close above 0.7000 reopens the 0.7020 week high
Failure to hold 0.6962 confirms a lower-low toward 0.6944
14:02 UTC
Downtrend, momentum flat · RSI 43 · price 0.6972
Faded from 0.7000, ranging above 0.6962.
AUDUSD faded from a failed test of the 0.7000 psych pivot back toward 0.6970, trading below EMA20 as a firm USD reasserted ahead of the FOMC. The week's dominant leg carried price off 0.7011 down to the 0.6962 swing low, with the last two sessions consolidating just above it. RSI(14) sits in the low 40s, reflecting flat momentum as traders sit on hands into Wednesday's Australian CPI.
Support: 0.6962, 0.6942
Resistance: 0.7000, 0.7020
What it said to watch
H1 close below 0.6962 confirms a lower low
H1 close above 0.7000 invalidates the fade read
Australia CPI Wed 01:30 GMT then FOMC ~16h later could reset this range
AUDUSD has churned around 0.70 all week, repeatedly rejected at the 0.7000/0.7011 area which aligns with the 50-DMA cap noted into Wednesday's CPI. Price rolled over from 0.7011 during the NY session and is now trading below both EMA(20) and EMA(50) with RSI(14) mid-40s, printing lower highs into the 0.6962 swing low. A firmer USD ahead of FOMC has kept the Aussie pinned to the lower half of the range.
Support: 0.6962, 0.6940
Resistance: 0.7000, 0.7011, 0.7028
What it said to watch
Australia CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
H1 close below 0.6962 confirms a lower-low and opens the range floor near 0.6940
Reclaim of 0.7000 negates the lower-highs sequence
13:02 UTC
Range this week, recent leg lower · RSI 41 · price 0.6969
Faded from 0.7011, lower highs into 0.6962.
AUDUSD spent the week pinned around 0.7000, stalling repeatedly at the 0.7011 week high and the 50-DMA cap before rolling over through the NY session into 0.6962. Price now sits below EMA20 and EMA50 with RSI(14) in the low-40s after the leg lower; the psych 0.7000 pivot capped the last recovery attempt. Two-way risk dominates ahead of Wednesday's Australian CPI, the RBA's key gauge.
Support: 0.6962, 0.6920
Resistance: 0.7000, 0.7011, 0.7028
What it said to watch
Australian CPI Wed 01:30 GMT then FOMC ~16h later can reset this read
Loss of 0.6962 swing low opens the path toward 0.6920
H1 close back above 0.7000 psych needed to negate the leg lower
12:02 UTC
Rolling over, lower highs · RSI 39 · price 0.69653
Range broken to the downside, sequence of lower highs sub-0.6970.
AUDUSD probed the 0.7000/0.7021 area early this week but every attempt stalled at the round number, and the pair rolled over through the NY session yesterday. Price broke below the 0.6970-0.7000 range and is now printing lower highs sub-0.6970 with RSI(14) pressed into the high-30s and holding under both EMAs. The whole complex is coiling into a binary 24h — Aus CPI then FOMC.
Support: 0.6962, 0.6950
Resistance: 0.6980, 0.7000, 0.7021
What it said to watch
Aus CPI (~13h) and FOMC are binary events that could override this structural read
H1 close back above 0.6980 (ema20) neutralises the lower-highs sequence
Loss of 0.6962 swing low confirms range-break continuation toward 0.6950
AUDUSD has drifted lower all week after failing to hold 0.7000 and repeatedly stalling at the 0.7020 cap early in the window. Price sits below both EMA(20) and EMA(50) with RSI(14) cycling in the lower half; the NY session has pressed the pair back onto the 0.6962 swing low. A firm USD into the FOMC has outweighed the resilient Aussie data backdrop.
Support: 0.6962, 0.6900
Resistance: 0.7000, 0.7020
What it said to watch
H1 close above 0.7000 invalidates the downtrend read
Break below 0.6962 confirms a fresh lower low toward 0.6900
Australia CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
Rolling over from sub-0.7000 range into lower lows.
AUDUSD spent most of the week coiling just under the 0.7000 pivot before the NY session yesterday drove a clean break lower, printing successive lower lows down to 0.69618. Price is now pinned to the session base below both EMA(20) and EMA(50) with RSI(14) parked in the high-30s, consistent with the soft-USD/RBA-pause backdrop capping the pair beneath its five-week high near 0.7025. The 0.6962-0.6964 shelf is the immediate structure to hold.
Support: 0.69618, 0.69642
Resistance: 0.6994, 0.7000, 0.70108
What it said to watch
Australia CPI Wed 01:30 GMT and FOMC same day are the dominant catalysts and could override this structural read
H1 close below 0.69618 confirms fresh lower-low continuation
Reclaim of 0.7000 psych level neutralises the downside break
AUDUSD coiled around the 0.7000 pivot from Monday's open through midweek, with the 0.70108 week high and the 50-day cap noted in the digest keeping a lid on rallies. Price broke lower through the NY session, losing EMA20/EMA50 and printing fresh lows into 0.69621; RSI(14) sits mid-30s, confirming the loss of the range low. The move sits ahead of Wednesday's AUD CPI and the FOMC, the digest's stated catalysts.
Support: 0.69621, 0.6945
Resistance: 0.6985, 0.7000, 0.70108
What it said to watch
AUD CPI Wed 01:30 GMT and FOMC ~16h later could materially shift this read
H1 close back above 0.7000 invalidates the downside range break
Failure to hold 0.69621 confirms continuation toward 0.6945
AUDUSD spent most of the week pinned in a 0.6990-0.7011 range under the 0.7000 psych level, with the 0.70207 print early Tuesday the week high. Price broke the range floor into the NY session and is now pressing the week low near 0.69618, holding below EMA20 with RSI(14) down at 36. The move fits the softer USD/AUD tone as both sit idle ahead of Wednesday's Australian CPI and the FOMC.
Support: 0.69618, 0.6970
Resistance: 0.6989, 0.7000, 0.7011
What it said to watch
Australia CPI Wed 01:30 GMT and FOMC ~16h later are the dominant catalysts for the next bars
H1 close below 0.69618 confirms the week low giving way
Reclaim of the 0.6990 EMA20 zone would neutralise the range-break read
AUDUSD spent most of the week pinned in a 0.6962-0.7020 range around the 0.7000 pivot, capped by the 50-DMA at ~0.7028. Price rolled over through the NY session, losing EMA(20) and EMA(50) and pressing the week floor near 0.6962 as a firmer USD offset the earlier soft-oil bid. RSI(14) has slid toward 34 with the pair sitting at session lows into Bullock's speech.
Support: 0.6962, 0.6950
Resistance: 0.7000, 0.7020, 0.7028
What it said to watch
H1 close below 0.6962 confirms a lower low, opening 0.6950
Reclaim of 0.7000 negates the range-break read
Australia CPI Wed 01:30 GMT and FOMC same day are the dominant catalysts
09:03 UTC
Downtrend, breaking lower from range · RSI 40 · price 0.69733
Range top capped, fresh lower low into 0.6962.
AUDUSD spent most of the week pinned in a 0.6980-0.7011 range beneath the 50-DMA cap, before rolling over in the NY session and printing a fresh week low at 0.69625. Price now trades below EMA20 with RSI(14) sub-40, the first clean break of the week's range floor. The 0.7000 psychological pivot and EMA20 near 0.6990 have both flipped to overhead resistance.
Support: 0.69625, 0.6956
Resistance: 0.6990, 0.7000, 0.70108
What it said to watch
Australia CPI Wed 01:30 GMT and FOMC same day could materially reset this read
H1 close back above 0.6990 negates the range-break and returns price into the prior range
Failure to hold 0.69625 confirms continuation toward the 0.6956 swing low
09:03 UTC
Range base breaking, momentum turning lower · RSI 39 · price 0.69733
Lower highs off week high, testing range floor.
AUDUSD spent most of the week pinned in a 0.6985–0.7011 band around the 0.7000 psych level, capped near the week high at 0.70108. Price rolled over from 0.6994 through the NY session and broke the range floor, printing a fresh low at 0.69625 that matches Monday's 0.6962 low — a potential double bottom — with RSI(14) sliding into the high-30s and price now under both EMA(20) and EMA(50). The soft-USD/oil-slump backdrop that carried the pair toward 0.7000 has faded ahead of Wednesday's catalysts.
Support: 0.6962, 0.6950
Resistance: 0.7000, 0.6994, 0.70108
What it said to watch
Australia CPI Wed 01:30 GMT and FOMC same day are the dominant risks — either can override this structure
A close back above 0.7000 psych repairs the range read
Failure to hold the 0.6962 double bottom exposes 0.6950 psych
08:02 UTC
Downtrend developing off 0.7000 · RSI 38 · price 0.69689
Week's range floor under pressure.
AUDUSD has been pinned in a 0.6962–0.7021 band all week, with repeated failures to hold above the 0.7000 psych level. Price faded from 0.6994 back toward the range floor in the latest NY session, dropping under EMA20 and EMA50 with RSI(14) rolling into the high-30s as the market squares up ahead of Wednesday's Aus CPI and FOMC. Demand near 0.6962 has so far contained the slide.
Support: 0.69625, 0.6966
Resistance: 0.7000, 0.7011, 0.70207
What it said to watch
H1 close above 0.7000 reopens the 0.7011 wk high
Failure to hold 0.6962 confirms a lower low into range break
Aus CPI Wed 01:30 UTC then FOMC could materially shift this read
08:02 UTC
Pullback, momentum lower · RSI 39 · price 0.69689
Lower highs off 0.7011, testing week's floor.
AUDUSD faded from the 0.7011 week high through the NY session, repeatedly failing to hold the 0.7000 psych pivot as the market squares up ahead of Wednesday's Australian CPI. Price now sits below EMA20 and EMA50 with RSI(14) pressing toward the high-30s, probing the 0.6962 swing low that has capped downside so far.
Support: 0.69625, 0.69618, 0.6940
Resistance: 0.7000, 0.70108, 0.6994
What it said to watch
H1 close below 0.6962 confirms a fresh lower low
Reclaim of 0.7000 needed to reopen the 0.7011 high
Aus CPI Wed 01:30 UTC then FOMC could materially shift this read
07:03 UTC
Downtrend, momentum building · RSI 37 · price 0.69697
Lower highs, testing week lows.
AUDUSD spent most of the week ranging under the 0.7000 pivot after the 0.7020 week high capped price mid-window, with two-way flows as traders squared into RBA Bullock. The pair broke down through the mid-week base into the latest session, printing fresh week lows near 0.6962 with RSI(14) rolling toward the mid-30s and price trading below both EMA(20) and EMA(50). The 0.7000 handle now sits as overhead resistance after acting as a floor earlier in the week.
Support: 0.6962, 0.6940
Resistance: 0.7000, 0.7020
What it said to watch
Australia CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
H1 close below 0.6962 confirms a lower low and opens 0.6940
Reclaim of 0.7000 neutralises the breakdown and restores the range
07:02 UTC
Pullback, momentum lower · RSI 38 · price 0.69697
Lower highs into week low.
AUDUSD peaked at 0.70108 early this week but repeated failures to hold the 0.70000 psych pivot have rolled the pair into a sequence of lower highs, sliding to a 0.69625 week low before steadying near 0.69697. The move accelerated through the NY session as traders squared into Bullock's speech and Wednesday's CPI/FOMC double-header, leaving price below both EMA(20) and EMA(50). RSI(14) sits near 37, reflecting the fading intraday bid without confirming a reversal.
Support: 0.69625, 0.6950
Resistance: 0.7000, 0.70108, 0.7028
What it said to watch
H1 close below 0.69625 confirms a fresh lower low
Reclaim of 0.70000 needed to reopen the 0.70108 week high
Australia CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
06:03 UTC
Range breaking lower · RSI 35 · price 0.69657
Week range top capped, lower-lows forming.
AUDUSD spent the week boxed roughly 0.6966–0.7025, with 0.7000 rejecting repeated attempts and the pair now sliding to fresh week lows near 0.6965 in the Asia-into-London hours. Price has dropped through EMA(20) and EMA(50), with RSI(14) rolling into the mid-30s as the corrective leg extends. The move fits the two-way, capped tone into Wednesday's Aussie CPI and FOMC — much of the RBA hawkish case is already priced.
Support: 0.69625, 0.6900
Resistance: 0.6992, 0.7000, 0.70108
What it said to watch
Failure to reclaim 0.7000 keeps the corrective tone intact
H1 close back above EMA20 ~0.6992 would neutralise the downside break
Loss of 0.69625 confirms a lower-low toward the 0.6900 psych zone
Aussie CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
AUDUSD rolled over from 0.6994 into the NY session, slicing the week's 0.6980 floor and pressing the 0.6966 weekly low with price now below both EMA20 and EMA50. The pair has been boxed roughly 0.6966–0.7025 all week, and the failure to hold above the 0.7000 psych level has kept the corrective tone as RSI(14) drops into the mid-30s. A softer USD backdrop earlier gave way to this leg lower ahead of the Wednesday double catalyst.
Support: 0.69625, 0.6966, 0.6900
Resistance: 0.6980, 0.7000, 0.7011
What it said to watch
H1 close back above 0.6980 neutralizes the range breakdown
Failure to hold 0.6966 weekly low exposes the 0.6900s
Australia CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
05:03 UTC
Range, easing lower · RSI 40 · price 0.69704
Week range top respected, probing base.
AUDUSD has been boxed roughly 0.6966–0.7025 all week, with the 0.7000 psych level and 0.7011 cap turning back every attempt higher. Price rolled off 0.6994 through the last three bars to 0.6970, dropping below both EMA20 and EMA50 as RSI(14) fades toward 40. Momentum favours the lower end of the range with Wednesday's Aussie CPI and FOMC as the twin catalysts.
Support: 0.6966, 0.6950
Resistance: 0.7000, 0.7011, 0.7025
What it said to watch
H1 close below 0.6966 confirms a lower-low and exposes the 0.6950 round number
Reclaim of 0.7000 needed to neutralise the corrective tone
AUD CPI Wed 01:30 UTC and FOMC 18:00 UTC could materially reset this range read
05:03 UTC
Downtrend developing off 0.7000 · RSI 37 · price 0.69704
Lower highs, range floor tested.
AUDUSD has slid off the 0.7000 psych level through the current session, printing lower highs since the 0.70108 test and breaking the week's floor toward 0.69695. Price sits below both EMA20 and EMA50 with RSI(14) easing to the mid-30s. The week has been boxed 0.6966-0.7025, with 0.7000 repeatedly capping upside as traders square ahead of Wednesday's Australian CPI and the FOMC decision.
Support: 0.69695, 0.69618
Resistance: 0.7000, 0.70108, 0.7025
What it said to watch
H1 close below 0.6966 confirms a break of the week's range floor toward 0.6900
Reclaim of 0.7000 neutralises the corrective slide
Australia CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
04:03 UTC
Range, slipping to lower end · RSI 41 · price 0.69772
Range below 0.7000, capped near 0.7020.
AUDUSD has churned in a tight range all week, pinned below the 0.7000 psychological pivot with the 0.7020 week high capping two attempts. Price rolled over into the NY session to a session low at 0.6976, dropping back under both EMAs as RSI(14) eased toward 40. The Aussie is coiled below 0.7000 ahead of Wednesday's trimmed-mean CPI and the FOMC decision.
Support: 0.69763, 0.69618
Resistance: 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 negates the range-below read
Failure to hold 0.6964 week low opens the path toward 0.6900
AU CPI Wed 01:30 UTC and FOMC Wed 18:00 UTC could materially shift this read
Consolidation under psych level, lower highs forming.
AUDUSD has churned under the 0.7000 psych cap all week, with the week high at 0.70207 marking the ceiling and buyers repeatedly stalling into the round number. The Aussie has held a firm bid on strong June jobs but couldn't extend, and the latest NY-session bar slipped back to 0.69772, dropping price below EMA20 and EMA50 with RSI cycling in the low 40s. Demand around 0.6964 has capped downside so far.
Support: 0.6964, 0.69618
Resistance: 0.7000, 0.70207
What it said to watch
H1 close back above 0.7000 reopens the 0.70207 week high
Failure to hold 0.6964 exposes the 0.69618 week low
Australia CPI Wed 01:30 UTC and FOMC later Wed can materially shift this read
AUDUSD is pinned around the 0.7000 psychological pivot, oscillating between 0.6985 and 0.7010 since the week reopened, with price holding just above EMA(50) but slipping under EMA(20). The dominant move of the week was Tuesday's slide from 0.7020 to 0.6962, since retraced back toward the weekly open near 0.6995 as USD softened. RSI(14) sits mid-range near 47 with no divergence, reflecting the pre-event compression ahead of Bullock and Q2 CPI.
Support: 0.69855, 0.6964, 0.6995
Resistance: 0.7000, 0.70108, 0.70207
What it said to watch
RBA Gov Bullock speech ~03:05 UTC could break this consolidation immediately
H1 close above 0.7020 reopens the path to the week high
Failure to hold 0.69855 exposes the 0.6964 swing low
Australia Q2 CPI Wed 01:30 UTC is the main structural catalyst this week
03:03 UTC
Sideways, capped at 0.7000 · RSI 48 · price 0.69927
Range below psych level.
AUDUSD has coiled below the 0.7000 psych level all week, with two attempts into 0.7000-0.7021 rejected and demand stepping in around 0.6962 mid-week. The USD-driven bounce back to 0.7000 has stalled into a tight consolidation, RSI(14) cycling near 48 and price pinned to EMA(20). Move is largely two-way ahead of RBA's Bullock speech.
Support: 0.6985, 0.6962
Resistance: 0.7000, 0.7021
What it said to watch
Bullock speech ~03:05 UTC could break the consolidation
H1 close above 0.7000 reopens the path to 0.7021
Failure to hold 0.6985 exposes the 0.6962 swing low
AUDUSD is pinned in a tight consolidation around 0.6990, capped by the 0.7000 psych level which turned back two attempts this week; the wider range runs from the 0.6962 week low to the 0.7020 high. The pair opened the week gapping up but has since drifted back below EMA20 with RSI(14) hovering mid-40s, reflecting a USD-driven, indecisive tape into RBA Gov Bullock's speech. Price is coiling just under the round number rather than trending.
Support: 0.6976, 0.6962, 0.6942
Resistance: 0.7000, 0.7011, 0.7020
What it said to watch
RBA Gov Bullock speech ~03:05 UTC could materially shift this read
H1 close above 0.7020 opens the path back toward the week high extension
Loss of 0.6962 confirms a lower-low and breaks the week's range
02:02 UTC
Range-bound around 0.7000 · RSI 48 · price 0.69892
Consolidation after mid-week dip and recovery.
AUDUSD is pinned around the 0.7000 psych pivot, chopping between 0.69855 support and the figure after a mid-week dip to the 0.69618 swing low was fully recovered. Price sits just under EMA20/EMA50 with RSI(14) cycling near the midline, reflecting the consolidation flagged into RBA and Fed events. The week high at 0.70108 and prior 0.7025 high remain the cap on recovery attempts.
Support: 0.69855, 0.69618, 0.6940
Resistance: 0.7000, 0.70108, 0.7025
What it said to watch
RBA Gov Bullock speech ~03:05 UTC could break this range
H1 close above 0.7000 then 0.70108 opens the path to 0.7025
Failure to hold 0.69855 exposes the 0.69618 swing low
01:03 UTC
Sideways, range-bound · RSI 45 · price 0.6989
Range between 0.6966 and 0.7025.
AUDUSD has been pinned around the 0.7000 psych level all week, boxed in a 0.6966-0.7025 band as USD softness on Mideast de-escalation offset a firm Aussie jobs read. Price is drifting just under EMA(20) with RSI(14) neutral near 45, no directional conviction into event risk. The 0.7025 zone (38.2% fibo cap) has repeatedly capped attempts higher while 0.6966 has held the base.
Support: 0.6966, 0.6940
Resistance: 0.7000, 0.7025
What it said to watch
RBA Gov Bullock speech at 03:05 UTC could shift the pause-vs-hike read
Q2 CPI on 29 Jul 01:30 UTC is the key catalyst for this range
H1 close above 0.7025 opens the path toward the five-week high
Loss of 0.6966 confirms a lower-low and opens 0.6940
01:03 UTC
Range-bound, no clear trend · RSI 46 · price 0.6989
Sideways band under 0.7000.
AUDUSD has been pinned in a 0.6966-0.7025 band all week, glued to the 0.7000 pivot on broad USD softness from Middle East de-escalation. Price sits just under EMA20 with RSI(14) cycling around neutral, showing no directional conviction ahead of event risk. The 0.7028 area capped the early-week high and remains the ceiling of the range.
Support: 0.6966, 0.6962
Resistance: 0.7000, 0.7025, 0.7028
What it said to watch
AU Q2 CPI 29 Jul 01:30 UTC is the primary catalyst for this range
H1 close above 0.7028 fibo cap opens the path toward the 5wk high
Loss of 0.6966 week low confirms a lower-low and range break
RBA Bullock speech 03:05 UTC and Wed FOMC could reset this read
00:02 UTC
Range, capped near 0.7000 · RSI 46 · price 0.69853
Sideways below 0.7000 pivot, lower highs.
AUDUSD has been pinned around the 0.7000 psych pivot all week, slipping from Monday's 0.7021 high to a 0.6962 low before recovering back beneath the figure. The 0.7000 handle has capped repeated attempts and price now sits just under it with RSI(14) hovering mid-range, reflecting squaring ahead of RBA and FOMC risk. Pullbacks have stalled at falling EMA(20) rather than reclaiming it.
Support: 0.6968, 0.6964
Resistance: 0.7000, 0.7028, 0.7021
What it said to watch
RBA Gov Bullock speech ~03:05 UTC could shift this read
Q2 CPI Wed 01:30 UTC is the dominant near-term risk
H1 close above 0.7000 then 0.7028 opens the upside path
Failure to hold 0.6968 exposes the 0.6964 week low
AUDUSD has traded a tight range this week, pinned around the 0.7000 psych pivot after gains stalled at the 0.7028 50-DMA cap. Price slipped to test 0.6962 mid-week before recovering, but has since drifted back under EMA20 with RSI(14) hovering in the mid-40s. The Aussie held near 0.70 as US-Iran de-escalation and softer oil sapped the USD, though follow-through above 0.7020 has repeatedly failed.
Support: 0.6968, 0.6962
Resistance: 0.7000, 0.7020, 0.7028
What it said to watch
H1 close above 0.7020 opens the path to the 0.7028 cap
Failure to hold 0.6968 exposes the 0.6962 week low
RBA Gov Bullock speech (28 Jul 03:05 UTC) and Q2 CPI Wed could shift this read