AUDJPY Asia briefing — 2026-10-22

BIAS BULLISH. D1 trend + H4 EMA + H1 EMA alignment, H4 & H1 fair value gaps, and liquidity sweep of highs all drive upside conviction. KEY LEVELS R: 111.53371, 111.5 | S: 111, 108.65809 NEWS 🟡 S&P Global Composite PMI (AUD) — Thu 22 Oct, 22:00 UTC SESSION OUTLOOK Asia opens with bullish structure intact. Watch for H1 gap fills and resistance holds at 111.5 before PMI release.

Key Levels

R: 111.500 · 111.534

S: 111.000 · 108.658