AUDJPY Asia briefing — 2026-08-07

BIAS BEARISH — H4 EMA bearish with price below, though H1 neutral and RSI mid-range create conflicting signals. D1 structure neutral offers limited conviction. KEY LEVELS R: 111.5, 114.71 | S: 111, 109.24 NEWS 🟡 JP Foreign Reserves (Thu 23:50 UTC) 🟡 Coincident Index (Fri 05:00 UTC) 🟡 Leading Economic Index (Fri 05:00 UTC) SESSION OUTLOOK Asia open may test 111 support on weak JPY data. Watch H1 structure confirmation before committing; divergence between timeframes demands patience.

Key Levels

R: 111.500 · 114.712

S: 111.000 · 109.244