AUD/USD AI Live Scan, 4-hour chart, Friday, 31 July 2026
Every read JAFX AI made on the AUD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:03 UTC
Uptrend, extending · RSI 62 · price 0.70232
Higher lows, break above 0.7000.
Higher-low structure intact since the 0.6920 base, with price clearing the 0.7000 round number and printing a fresh multi-week high at 0.7044 — a move fuelled by post-FOMC USD weakness rather than domestic AUD strength after the soft Q2 CPI. ATR(14) has expanded on the breakout, and both EMAs sit below price. The final bar pulled back off 0.7044 toward 0.7000, keeping that big figure the near-term reference.
Support: 0.7000, 0.6950, 0.6920
Resistance: 0.7044, 0.7028
What it said to watch
Hold of the 0.7000 round number as support validates the breakout; a close back below reopens the 0.6950 session low
Close above 0.7044 week high extends the uptrend toward fresh multi-week ground
ISM Manufacturing PMI (Mon) and China PMI follow-through could shift this read
17:03 UTC
Uptrend, extending · RSI 62 · price 0.70232
Higher highs and higher lows, broke above 0.7000.
AUDUSD cleared the 0.7000 pivot and tagged 0.70441, the best level since mid-June, with the leg driven by broad USD weakness post-FOMC rather than domestic data after the soft Q2 CPI. Structure is a clean sequence of higher highs and higher lows; EMA20 sits above EMA50 and ATR(14) is expanding as the move extends. The latest bar pulled back to 0.69909 before recovering to 0.70232, keeping the break above 0.7000 intact.
Support: 0.7000, 0.69519, 0.69219
Resistance: 0.70441, 0.70327
What it said to watch
H4 close back below 0.7000 big figure would put the breakout on watch for a false break
Failure to hold the 0.69519 swing low confirms a lower low
US ISM Manufacturing Mon Aug 3 could reset the USD-driven read
13:03 UTC
Uptrend, breakout in progress · RSI 62 · price 0.70173
Higher lows, fresh multi-week high.
AUDUSD broke out of a multi-week 0.6920-0.7020 range and cleared the 0.7000 big figure, tagging fresh highs at 0.70441 on broad post-Fed USD weakness and soft US GDP/PCE. Higher-low structure is intact with EMA20 and EMA50 stacked below price; ATR(14) has expanded as the trend extends. The final bar printed a long upper wick and closed back near 0.7017, showing supply capping into the highs.
Support: 0.7000, 0.69519, 0.69279
Resistance: 0.70441, 0.70433
What it said to watch
Sustained close below 0.7000 big figure would neutralise the breakout read
Break and hold above 0.70441 opens path toward the June 17 high near 0.7035+
US data (Chicago PMI, UoM inflation expectations) could shift the USD-driven leg
AUDUSD cleared the 0.7000 big figure on broad post-Fed USD weakness and soft US GDP/PCE, printing a fresh window high at 0.70441 before the last bar faded back to 0.70173. Higher-low structure has been intact since the 0.6922 swing low, with price holding above both EMA20 and EMA50. The rally is USD-driven, and the June 17 high near 0.7035 remains the overhead reference the market is probing.
Support: 0.7000, 0.6969, 0.6922
Resistance: 0.70441, 0.7035
What it said to watch
H4 close back below 0.7000 negates the breakout and re-exposes the 0.6969 prior range
Sustained acceptance above 0.70441 opens room past the June 17 high
China Trade Balance (Aug 6) and US labor data could shift the USD-driven read
Price broke the multi-week 0.6910-0.7020 range and cleared the 0.7000 big figure, driven by broad USD weakness after the Fed and soft US GDP/PCE prints. The impulse off the 0.6922 swing low is holding near session highs at 0.7038 with EMA20 and EMA50 now below price. Note the digest read that this leg is USD-driven rather than AUD strength, given soft Q2 CPI priced out an August RBA hike.
Support: 0.7000, 0.6965, 0.6922
Resistance: 0.7038, 0.7040
What it said to watch
H4 close back below 0.7000 negates the breakout and re-opens the 0.6965 cap zone
Failure to clear 0.7038 keeps price pinned in the breakout zone
US ECI/Michigan data today could materially shift the USD leg
09:02 UTC
Uptrend, extending after breakout · RSI 64 · price 0.7030
Range break above 0.7000, higher highs.
AUDUSD broke clear of a multi-week 0.6910-0.7020 range and closed above the 0.7000 big figure, tagging a recent high at 0.7038 as the broad post-Fed USD selloff and soft US GDP/PCE undercut the dollar. ATR(14) has expanded through the breakout while price holds above both EMAs, confirming momentum, though the digest frames this as USD-driven rather than AUD strength. The 0.7000 level now flips from cap to first support.
Support: 0.7000, 0.6965, 0.6910
Resistance: 0.7038, 0.7060
What it said to watch
H4 close back below 0.7000 negates the breakout and re-opens the range toward 0.6965
US ECI/Michigan today could stabilise the dollar and stall the AUD leg
Acceptance above 0.7038 opens the path toward the 0.7060 psych area
AUD/USD spent weeks capped by a 0.6920-0.7020 range before punching through 0.7000 on broad USD weakness post-Fed and soft US GDP/PCE, masking a dovish domestic RBA story. Price now holds above the breakout with EMA20 back over EMA50 and RSI in the low-60s, confirming the swing turn higher. The 0.7033 recent high is the immediate cap, with the reclaimed 0.7000 big figure the key structural pivot below.
Support: 0.7000, 0.6950, 0.6920
Resistance: 0.7033, 0.7050
What it said to watch
H4 close back below 0.7000 negates the breakout and re-opens 0.6950
Rally is USD-led; a USD stabilisation on US ECI/ISM could stall this read
Acceptance above 0.7033 opens the path toward 0.7050
05:03 UTC
Uptrend resuming after range break · RSI 64 · price 0.70253
Broke above multi-week 0.7020 range top.
AUDUSD spent most of the window boxed between 0.6920 and the 0.7020 ceiling before punching through on broad USD weakness post-Fed and soft US GDP/PCE. Price now trades above the 0.7000 big figure with EMA20 and EMA50 sitting beneath it, and ATR(14) has expanded as the breakout extended. The move is USD-led rather than Aussie-strength, with the domestic CPI miss keeping the fundamental backdrop dovish.
Support: 0.7000, 0.6954, 0.6922
Resistance: 0.70327, 0.70207
What it said to watch
H4 close back below 0.7000 reopens the 0.6954 swing and 0.6922 two-week low
Hold above the reclaimed 0.70207 range top keeps the breakout structure intact
US ECI/ISM this week could shift the USD-driven tone that fuelled the rally
01:03 UTC
Recovering, breaking range top · RSI 64 · price 0.70254
Range break above 0.7025 after 0.6920 defence.
Price spent most of the last three weeks capped between 0.6920 and the 0.7025-0.7033 ceiling; the latest impulse cleared that top after the 0.6920 two-week low was defended, with the leg powered by post-Fed USD weakness. ATR(14) is expanding as the range resolves higher and EMA20 has crossed above EMA50. The 0.7025-0.7033 zone that repeatedly capped price is now the pivot for follow-through.
Support: 0.7000, 0.69219, 0.6900
Resistance: 0.70327, 0.7026
What it said to watch
H4 close back below 0.7000 negates the range break
AU PPI and US ECI/UoM data today could shift the USD-driven read
01:03 UTC
Uptrend, breakout from range · RSI 68 · price 0.70254
Range break above 0.7020 cap.
Price spent nearly three weeks boxed between the 0.6920 two-week low and the 0.7020 cap before breaking higher into the 0.7033 area, the move accelerating on broad post-Fed USD weakness after the soft GDP and cooler PCE prints. ATR(14) has expanded off the compression seen mid-range, and price now sits above both EMA20 and EMA50 with the 0.7025 SocGen resistance being tested. The breakout above the multi-week range flips 0.7000 into the immediate structural pivot.
Support: 0.7000, 0.69219, 0.6900
Resistance: 0.70327, 0.7025
What it said to watch
H4 close back below 0.7000 negates the range breakout
Sustained close above 0.7033 opens higher projection targets
Failure to hold 0.6920 confirms a lower-low back into range
US ECI / UoM inflation expectations today could shift the USD leg driving this move