AUDJPY London briefing — 2026-07-02

BIAS BEARISH. H4 EMA confirms downtrend; RSI(14) at 37.41 neutral but price below 111.50 resistance keeps bears in control. D1 structure neutral, but hourly setup doesn't override H4 direction. KEY LEVELS R: 111.5, 113.54 | S: 111.24, 111.00 NEWS 🟡 AUD PMI Composite & Services – Thu 23:00 UTC 🟡 JPY Services PMI – Fri 00:30 UTC SESSION OUTLOOK London focus: AUD PMI data late-session may trigger volatility. Watch 111.50 resistance; break below 111.24 could extend to 111.00. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep targets – unlock with Pro

Key Levels

R: 111.500 · 113.544

S: 111.237 · 111.000