AUD/USD AI Live Scan, 4-hour chart, Saturday, 31 October 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.
21:44 UTC
Uptrend from 0.6894, stalling below monthly high · RSI 50 · price 0.70321
Higher lows intact; 0.7013-0.7043 range with lower highs.
The rally off the 0.6894 swing low has printed a clean higher-low sequence, extending to a 0.7068 monthly high after the hot September CPI lifted RBA hike odds. Strong US data then pulled price back, and the pair has since held a 0.7013-0.7043 range with two lows near the range floor and lower highs under the range top. RSI is flat near 50 and ATR(14) has compressed to about 19 pips, so the higher-low trendline and the range edges frame the next leg. EMA20 sits fractionally above price with EMA50 below and no cross, which fits the stall rather than a reversal.
Support: 0.7013, 0.7001, 0.6994
Resistance: 0.7043, 0.7068
What it said to watch
RBA decision, statement and SMP Tue Nov 3 03:30 UTC (hike ~80% priced) could materially shift this read
H4 close below the 0.7013 range floor breaks the higher-low trendline and exposes the 38.2% fib at 0.7001 and the 0.6994 swing low
H4 close above the 0.7043 range top reopens the 0.7068 monthly high
US ISM Manufacturing Mon 15:00 UTC and the midterms Tue add USD-side event risk
Higher lows since 0.6894; tight range 0.7014-0.7043 after rejection at 0.7068.
The rally from the 0.6894 low built higher lows at 0.6994 and the 0.7009 swing low. The hot September CPI print then pushed AUDUSD to the 0.7068 monthly high, but the move met rejection as strong US data erased most of the gains. Since then price has compressed in a 0.7014 range low to 0.7043 range cap band, sitting just under a flat EMA20 and above EMA50. ATR(14) near 19 pips is contracting into Tuesday's RBA decision, and the rising support line from the higher low remains intact.
Support: 0.7014, 0.7009, 0.6994
Resistance: 0.7043, 0.7068
What it said to watch
RBA decision and Monetary Policy Statement Tue Nov 3 03:30 UTC, with ~80% of a hike priced, could break the range either way
H4 close above the 0.7043 range cap reopens a test of the 0.7068 monthly high
Failure to hold the 0.7014 range low and the rising support line exposes the 0.7009 swing low, then the 0.6994 higher low
Mon Nov 2 ISM Manufacturing PMI and Prices Paid could shift the USD side before the RBA
Close below the 38.2% rally fib near 0.7001 would break the higher-low sequence