AUD/USD AI Live Scan, 1-hour chart, Friday, 29 May 2026
Every read JAFX AI made on the AUD/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:01 UTC
Recovery from midweek low, momentum building · RSI 60 · price 0.71864
Higher low printed, pushing back to week's range top.
AUDUSD has recovered the entire midweek slide, with the NY session yesterday driving a clean break above 0.7180 on improving US-Iran ceasefire headlines and a softer USD. Price tagged 0.72002 before pulling back and is now consolidating in the 0.7180s, holding above both EMAs with RSI(14) cycling in the upper half. Structure is constructive: higher low at 0.71235 followed by a higher high into the week's top.
Support: 0.71815, 0.7157, 0.71235
Resistance: 0.72002, 0.71792
What it said to watch
Hourly close back below 0.71815 would unwind the breakout read
Acceptance above 0.72002 opens the path to extend the recovery
Iran headlines remain the dominant USD driver; reversal in tone could shift the read quickly
AUD/USD swept the week low at 0.7099 mid-week before NY-session buying drove a clean impulse back to 0.7200 on Trump's Hormuz blockade-lift headline. Price now sits above EMA(20) and EMA(50) after rejecting the round number, with the last two H1 bars stalling near the session high. RSI(14) cooling from 70 into the high-50s as price holds — early bearish divergence forming against the 0.7200 test.
Support: 0.7155, 0.7128, 0.7099
Resistance: 0.7200, 0.7187
What it said to watch
H1 close above 0.7200 round number opens path back toward weekly open
Loss of 0.7155 pullback low signals failed retest of the impulse
Further US-Iran headlines could materially shift this read
Rebound from 0.7100 swing low, stalling under 0.7200.
AUDUSD carved a double bottom near 0.7100 mid-week and has rallied back into 0.7190–0.7200 during the NY session, helped by USD softness on US-Iran ceasefire headlines. The latest bars show rejection just shy of the 0.7200 psych level, with the pair fading back to 0.7181. Price holds above EMA20 and EMA50 but RSI has cooled from overbought into the high-50s as upside momentum stalls.
Support: 0.7155, 0.7128, 0.70975
Resistance: 0.7190, 0.7200, 0.7179
What it said to watch
H1 close above 0.7200 psych opens path toward 0.7220+
Loss of 0.7155 pullback low signals failed breakout from the week low base
Further US-Iran de-escalation headlines could weigh on USD and extend the move
17:01 UTC
Recovery from weekly low, momentum building · RSI 67 · price 0.71884
Higher low printed, breaking week's range top.
AUDUSD has cleared the week's range top after a double bottom near 0.70975 set Wednesday's NY session low, with the NY session today driving a clean impulse through 0.71792 to tag 0.72002. Price now sits above both EMA(20) and EMA(50) on H1 with RSI(14) near 67, lifted by USD weakness on Trump's naval blockade lift headlines. The 0.71600 prior range cap is the immediate flip zone on any pullback.
Support: 0.7160, 0.71487, 0.70975
Resistance: 0.72002, 0.71792
What it said to watch
Hourly close back below 0.71600 would invalidate the breakout and signal a false break
Sustained acceptance above 0.72002 opens room toward the next round number
Ongoing US-Iran headline flow could swing USD materially in either direction
16:01 UTC
Recovery off mid-week low · RSI 68 · price 0.71896
Higher low printed, pushing back into week's range.
AUDUSD has rallied through the NY session on Trump's naval blockade headlines, breaking out of the multi-day 0.7148–0.7170 range and tagging 0.7200 psych. The week low at 0.70975 from Wednesday now stands as a clear higher low against the prior 0.7128 base, forming a double bottom recovery. RSI(14) at 68 is stretched into the breakout but not yet diverging.
Support: 0.7157, 0.71487, 0.70975
Resistance: 0.71974, 0.7200
What it said to watch
H1 close back below 0.71570 ema20 would negate the breakout
Acceptance above 0.72000 psych opens the week's upper range
Further Iran ceasefire headlines remain the dominant USD driver
15:01 UTC
Downtrend, sharp recovery in last 12h · RSI 71 · price 0.71935
Lower-low at 0.7099 then impulsive recovery toward week highs.
Price carved a week low at 0.7099 during Wednesday's NY session then built a base around 0.7120 before an impulsive recovery through the NY session today, tagging 0.7197 and reclaiming both EMA20 and EMA50. RSI(14) now stretched above 70 after a clear bullish divergence at the 0.7099 print. The structural read flips from this-week downtrend to a recovery leg as long as the EMA20 around 0.7172 holds on pullbacks.
Support: 0.7172, 0.7152, 0.7099
Resistance: 0.7197, 0.7179
What it said to watch
H1 close back below 0.7172 EMA20 stalls the recovery read
Break above session high 0.7197 extends toward Monday's 0.7179 zone and the week open area
Failure at 0.7197 with rejection wick risks a retest of intraday low 0.7152
Price sold from 0.7180 through midweek into a 0.7099 week low during yesterday's NY session, then printed a second higher low and ripped back through EMA(20) and EMA(50) on this NY session's open. Current bar is pressing the 0.7190 psych level with RSI(14) into the low 70s, marking the strongest hourly thrust of the window. Soft German CPI and a weak Canada Q1 GDP print have weighed broadly on USD into the close, supporting the bounce.
Support: 0.7157, 0.7124, 0.7099
Resistance: 0.7190, 0.7179, 0.7200
What it said to watch
Hourly close above 0.7190 psych extends recovery toward 0.7200 round
Rejection at 0.7190 with a close back under 0.7157 intraday base reopens 0.7124 swing low
Loss of 0.7099 week low confirms continuation of the downtrend
13:01 UTC
Recovery from week low, momentum turning up · RSI 62 · price 0.71783
Lower-low Wednesday, higher-low Thursday, pushing back to week range mid.
AUDUSD spent Tuesday-Wednesday grinding lower into a 0.70975 week low during the NY session, then carved a double bottom around 0.71320 on Thursday before the current NY session push reclaimed both EMAs and printed a fresh recovery high at 0.71790. Price is now testing the week open at 0.71815, with RSI cycling up to 62 after a bullish divergence at the lows. Soft German CPI and weaker US wholesale inventories provided a mildly USD-negative backdrop into the move.
Support: 0.7155, 0.7132, 0.70975
Resistance: 0.7179, 0.71815, 0.7169
What it said to watch
H1 close above 0.71815 week open opens path back to 0.71820 area highs
Rejection at session high 0.71790 with close back under 0.71690 reopens the Thursday range
Loss of 0.71550 intraday low negates the recovery structure
12:01 UTC
Downtrend, base attempt · RSI 52 · price 0.71701
Lower highs into 0.7100 sweep, reclaim underway.
AUDUSD spent the week grinding lower from 0.7181 into a 0.7098 sweep during NY hours yesterday before snapping back to reclaim 0.7160. Price is back through EMA20 with RSI cycling around 52, but the broader sequence of lower highs from Monday still caps the structure into 0.7176-0.7181. The current bounce reads as a double bottom attempt off the week low rather than a confirmed reversal.
Support: 0.71487, 0.71235, 0.70975
Resistance: 0.71759, 0.71815, 0.7169
What it said to watch
Hourly close above 0.71759 prior high would break the lower-high sequence
Rejection at 0.7176 keeps the downtrend read intact
Loss of 0.71487 session low reopens the 0.7098 sweep low
AUDUSD has been grinding lower since Monday's open near 0.7170, with the dominant leg lower coming during Thursday's NY session that flushed the week low at 0.71235. The recovery attempt back to 0.71690 in late NY stalled, and Friday's Asia/early-London hours are printing a fresh lower high with price now back below the EMA(20). RSI sitting in the low 40s with no divergence confirms momentum still skews to the downside.
Support: 0.71487, 0.71235, 0.70975
Resistance: 0.7169
What it said to watch
Hourly close back above 0.71690 prior high would neutralise the lower-highs sequence
Loss of 0.71487 session low reopens the 0.71235 week low
Headline risk from Middle East commentary (Bailey) could distort the session range
10:01 UTC
Downtrend, attempting base · RSI 42 · price 0.71545
Lower highs since Wed, range forming above 0.7100.
Lower highs since Tuesday's 0.71815 print, with a flush into 0.70975 on Thursday's NY session before a sharp recovery to 0.7169. Price has since faded back under EMA(20) and is grinding sideways in the 0.7150–0.7165 zone with RSI(14) parked near 42. The wk low at 0.71235 remains the structural pivot; until reclaimed cleanly, the prior high at 0.7169 caps.
Support: 0.71456, 0.71235, 0.70975
Resistance: 0.7169, 0.71792, 0.71815
What it said to watch
H1 close above 0.7169 prior high would break the lower-highs sequence
Failure to hold 0.71456 session low reopens 0.71235 wk low
BoE/Bailey commentary on rate path is shifting broad USD tone, indirect AUD risk
09:01 UTC
Downtrend, attempting base · RSI 44 · price 0.71527
Lower highs into 0.7100 sweep, partial reclaim stalling under 0.7170.
Price has been grinding lower since Monday's 0.71815 week high, with a clean sweep low at 0.70975 during yesterday's NY session followed by a sharp reclaim back to 0.71690. That reclaim is fading into Friday's European session — last close 0.71527 sits back under EMA20, with RSI(14) cycling in the 40s. The 0.71487 session low is the immediate pivot for whether the recovery holds or the week resumes lower.
Support: 0.71487, 0.71235, 0.70975
Resistance: 0.7169, 0.71792, 0.71815
What it said to watch
H1 close below 0.71487 session low reopens 0.71235 week low
Reclaim of 0.71690 reclaim high would negate the lower-high structure
Japan MoF FX-intervention rhetoric a cross-market risk for AUD beta
Lower-high sequence broken Wed, range developing since.
Week opened near 0.7166 and drifted lower through Tuesday's NY session, with the dominant impulse a sharp leg down into Wednesday's London hours that printed the week low at 0.70975. Since then price has retraced into 0.7155-0.7170 and is consolidating around the EMA(20), with RSI(14) basing in the high-40s after a bullish divergence on the 0.70975 print. Asia headlines noting reduced RBA hike odds keep the bounce contained below the 0.71792 Thursday high.
Support: 0.71518, 0.71235, 0.70975
Resistance: 0.7169, 0.71792
What it said to watch
H1 close above 0.71690 NY high opens path back to 0.71792
Loss of 0.71518 session low reopens the 0.71235 week low
Rejection at EMA(20) keeps the lower-high sequence intact
AUDUSD has recovered the bulk of Wednesday's flush to the 0.7099 week low, with NY session yesterday driving an impulsive leg back to 0.7169 before stalling. Price has since coiled around 0.7160 through the Asia session, holding above EMA(20) but unable to reclaim Monday's 0.7179 high — the two-week range remains intact.
Support: 0.7154, 0.7118, 0.7099
Resistance: 0.7169, 0.7179
What it said to watch
H1 close above 0.7179 mon high would break the two-week range top
Loss of 0.7154 session low reopens 0.7118 wed low
German state CPI prints later today could inject USD volatility
06:01 UTC
Recovery from week's lows, sideways near 0.7160 · RSI 51 · price 0.7164
Range-bound after Wednesday flush and Thursday reclaim.
AUDUSD spent Monday-Tuesday capped at the wk high near 0.7181 before Wednesday's NY session drove a flush to 0.70975. Thursday's NY hours reclaimed the range with a sharp push back to the prior day hi at 0.7169, and price has since consolidated 0.7154–0.7167 into Friday's Asia session. RSI(14) is balanced at 51 and price sits just above both EMAs, leaving the read as a reclaimed range pending a directional driver.
Support: 0.7154, 0.71177, 0.70975
Resistance: 0.7169, 0.71815, 0.71759
What it said to watch
H1 close above 0.7169 reopens the wk high at 0.71815
Loss of 0.7154 session low exposes the 0.70975 flush low again
Sustained RBNZ hawkish repricing could spill into AUD via the cross
Lower-low printed Thu, recovering toward range mid.
Price swept the week low at 0.71235 down to 0.70975 during Thursday's NY session before reclaiming the EMA20 and pushing back to the 0.71690 NY high. Since then the pair has consolidated 0.71530–0.71690 through Asia, with RSI flattening at 50 — a corrective bounce inside the broader H1 downtrend rather than a confirmed reversal. Tokyo CPI miss and dovish backdrop offer no fresh AUD/USD-specific catalyst into the European session.
Support: 0.7153, 0.71235, 0.70975
Resistance: 0.7169, 0.71815, 0.71792
What it said to watch
Hourly close above 0.71690 NY high opens path to the 0.71815 Tue high
Loss of 0.71530 session low re-exposes the 0.71235 week low
Failure to hold the EMA20 on pullback would weaken the recovery read
Lower highs and lower lows, recovering off range low.
AUDUSD has trended lower since Monday's open, carving lower highs from the 0.7179 week high into a 0.7099 spike low during Thursday's NY session. Price rebounded sharply off that low and is now consolidating around 0.7155, with EMA20 capping the bounce overhead. RBNZ hawkish commentary and a firmer PBOC fix did not translate into AUD upside, leaving the recovery looking corrective rather than impulsive.
Support: 0.7146, 0.7124, 0.7099
Resistance: 0.7169, 0.7179
What it said to watch
H1 close above 0.7169 prior swing would shift the lower-high sequence
Failure to hold 0.7146 swing low reopens the 0.7124 week low
Loss of 0.7099 spike low extends the downtrend
03:01 UTC
Downtrend, bounce in progress · RSI 49 · price 0.71558
Lower-low Wednesday, sharp recovery off 0.7098.
AUDUSD spent Monday and Tuesday capped under 0.7182 before a sharp Wednesday-NY break drove it to a week low at 0.7098. NY hours yesterday produced an aggressive recovery back to 0.7169 session high, but price has since drifted back to 0.7156 and is rolling over into the Asian session. RSI(14) is flat around 49 and price sits just below EMA(20) — the bounce has stalled rather than extended.
Support: 0.7146, 0.71235, 0.70975
Resistance: 0.7169, 0.71815
What it said to watch
H1 close above 0.7169 session high reopens 0.7182 tue high
Loss of 0.7146 intraday low puts wed swing low at 0.7124 back in play
RBNZ hawkish commentary spilling into AUD via AUDNZD could pressure this pair
02:01 UTC
Recovery off mid-week low · RSI 53 · price 0.71603
Range with sweep and reclaim.
AUDUSD spent Monday and Tuesday capped under 0.71815 before a sharp NY-session flush yesterday swept the week low and tagged 0.70975, with bullish RSI divergence on the low print. Price has since reclaimed both EMA20 and EMA50 and is consolidating just under the 0.71690 session high. Tone since the reclaim is constructive but stalling into resistance.
Support: 0.7146, 0.71235, 0.70975
Resistance: 0.7169, 0.71815
What it said to watch
H1 close above 0.71690 reopens the path to 0.71815 week high
Loss of 0.71460 swing low reinstates the downside leg
Failure to hold EMA20 during Asia would weaken the recovery read
AUDUSD opened the week probing 0.7181 before grinding lower across London and NY sessions, bottoming at 0.70975 in yesterday's NY hours. A sharp reclaim through 0.71460 has pushed price back above both EMAs, but the rally has stalled under 0.71690 with RSI(14) flattening near 51 and momentum fading into Asia.
Support: 0.7146, 0.7124, 0.70975
Resistance: 0.7169, 0.71815, 0.71759
What it said to watch
H1 close above 0.71690 reclaim cap reopens 0.71815 week high
Rejection here with a return below the 0.71460 shelf reactivates the swing low at 0.71240
Tokyo CPI miss already weighing on JPY crosses; broader USD reaction could spill into AUD
Sharp reversal off the 0.7098 week low during yesterday's NY session reclaimed EMA(20) and EMA(50) in one move, with a bullish RSI divergence at the low. Price has since stalled at 0.7169 rejection and is consolidating in a tight 0.7160–0.7164 range into the Asia session, with Tokyo CPI printing softer than April. Breakout base at 0.7148 is the line that defines the recovery read.
Support: 0.71478, 0.7117, 0.70975
Resistance: 0.7169, 0.71815
What it said to watch
H1 close back below 0.71478 breakout base reopens the 0.7117 intraday low
Clean break above 0.71690 rejection puts the 0.71815 week high back in play
Soft Tokyo CPI may drive cross-flows through AUDJPY into the Asia session