AUDJPY Asia briefing — 2026-08-03

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI(37) neutral but below midpoint supports lower pressure. D1 structure neutral—no conflict, directional bias intact. KEY LEVELS R: 111.00, 114.71 | S: 110.50, 110.17 NEWS 🔴 S&P Global Manufacturing PMI (AUD) — Sun 02 Aug 23:00 UTC 🔴 Jibun Bank Manufacturing PMI (JPY) — Mon 03 Aug 00:30 UTC 🔴 TD-MI Inflation Gauge (AUD) — Mon 03 Aug 01:00 UTC SESSION OUTLOOK PMI prints and inflation data hit during Asia open; weak data could accelerate sell-off toward 110.50. Watch first print reaction for momentum confirmation.

Key Levels

R: 111.000 · 114.712

S: 110.500 · 110.173