AUDUSD has carved a clean sequence of lower highs and lower lows through the month, sliding from 0.7160 to fresh lows near 0.6875 as a hawkish-Fed, sticky-PCE backdrop kept the Aussie heavy despite a 40K jobs beat. Price is now compressing in a tight 0.6877-0.6920 band with ATR(14) easing, and both EMA20 and EMA50 cap from above. Supply has repeatedly capped the rallies into the 0.6920 region.
Support: 0.6877, 0.6835
Resistance: 0.6920, 0.6950
What it said to watch
H4 close below 0.6877 opens the path to 0.6835 major support
Close above 0.6920 range top challenges the downtrend read; 0.6950 confirms stabilization
RBA Minutes Tue 01:30 UTC and US NFP Thu could materially shift this read
Persistent downtrend on H4 with successive lower highs and lower lows since early June, driving AUDUSD to fresh April-area lows as firm US PCE and rising Dec Fed-hike odds kept the USD bid. A strong May jobs beat (40.3K vs 25K) failed to lift the Aussie, and price is now consolidating in a tight 0.6877–0.6920 band. ATR(14) compression points to a breakout pending, with price held below both EMA20 and EMA50.
Support: 0.68749, 0.6835
Resistance: 0.6920, 0.6940, 0.69267
What it said to watch
H4 close below 0.6835 confirms trend extension lower
H4 close above 0.6940 signals stabilization out of the range
US NFP Thursday is the dominant catalyst that could shift this read
AUDUSD has carved a clean downtrend off the early-month 0.7088 high, sliding roughly 2.5% into the 0.6875 swing low before an oversold bounce parked price around 0.6900. The pair failed to capitalise on hot domestic jobs and trimmed-mean CPI as sustained USD strength capped any rebound. Price is now consolidating in a tight 0.6880-0.6920 band with ATR(14) compressing, sitting just above EMA20 but well below EMA50.
Support: 0.68749, 0.6835
Resistance: 0.6920, 0.6950
What it said to watch
H4 close below 0.68350 confirms the next downleg
H4 close above 0.69500 signals stabilisation and breaks the lower-high structure
RBA Minutes Tue 01:30 UTC then US NFP Thursday could materially shift this read
AUDUSD remains in a clean H4 downtrend, printing fresh seven-month lows near 0.6875 in a roughly 2.5% slide as firm US PCE and revived Fed-hike bets kept the USD bid despite a strong Aussie jobs print. Price has stalled into a tight 0.6880-0.6920 consolidation just above the swing low, with RSI lifting off depressed levels while staying below 50. Both EMA20 and EMA50 cap from above, keeping structure heavy.
Support: 0.6875, 0.6835
Resistance: 0.6920, 0.6950
What it said to watch
H4 close below 0.6835 confirms continuation of the lower-low sequence
Reclaim of 0.6950 would break the lower-high structure and signal stabilisation
RBA minutes Tue 01:30 UTC and US payrolls Thursday could materially shift this read
AUDUSD has carved a clean H4 downtrend from the early-month 0.7190 high, shedding roughly 300 pips into fresh seven-month lows near 0.6875. The slide is USD/Fed-led: a strong domestic jobs beat (40.3K vs 25K) failed to lift the pair, and price is now basing in a tight 0.6875-0.6920 band after the impulse. ATR holding near 19 pips reflects compression rather than fresh expansion as the move catches its breath.
Support: 0.68749, 0.6835
Resistance: 0.6920, 0.6950
What it said to watch
RBA Minutes Tue 01:30 UTC could shift this read
Close below 0.6835 major support opens deeper downside
Reclaim of 0.6950 would signal stabilization above the range
AUDUSD has carved a clean downtrend since early month, shedding ~2.5% with successive lower highs and lower lows as Fed-driven USD strength overrode a strong Aussie jobs print. Price is now consolidating in a 0.6880-0.6920 band, holding just above the 0.6875 swing low after the slide, with both EMA20 and EMA50 capping overhead. ATR has compressed off the impulse leg, pointing to a pause rather than a fresh extension.
Support: 0.6875, 0.6835
Resistance: 0.6920, 0.6950
What it said to watch
A close above 0.6950 would signal stabilization and break the lower-high sequence
Failure to hold 0.6875 opens the path to the 0.6835 major support
RBA Minutes Tue 01:30 UTC could materially shift this read