06:19 UTC
Uptrend, momentum stalling · RSI 51 · price 0.69971
Upper-range consolidation below prior high.
Uptrend intact since the Q2-2025 low near 0.5910; price is consolidating in the upper half of the range around the 0.7000 psychological level after peaking at 0.7277 earlier this year. EMA(50) on W1 is rising and price holds well above it, keeping the macro structure constructive, though RSI has cooled back to mid-range as the advance stalls. The soft AU Q2 CPI miss and a knife-edge FOMC are the near-term drivers weighing on the Aussie.
Support: 0.6875
Resistance: 0.7000, 0.7277
What it said to watch
- FOMC decision today could materially shift this read
- Weekly close below 0.6875 confirms a lower low
- Reclaim of 0.7277 prior high resumes the uptrend