AUDJPY London briefing — 2026-07-17

BIAS BULLISH. D1 structure uptrend confirmed; H4 EMA bullish despite H1 neutral divergence and RSI (56.57) lacking momentum conviction—minor pullback risk contained. KEY LEVELS R: 113.88 | 113.5 | S: 113 | 111.18 NEWS 🟡 CFTC AUD NC Net Positions – Fri 17 Jul 19:30 UTC (LOW impact) 🟡 CFTC JPY NC Net Positions – Fri 17 Jul 19:30 UTC (LOW impact) SESSION OUTLOOK Watch 113.5 resistance hold; break above unlocks 113.88. Shallow pullbacks to 113 offer continuation entries if D1 bias persists. PRO UNLOCKS Entry zones, stop placement, profit targets 1–2, FVG sweeps, liquidity maps—unlock with Pro subscription.

Key Levels

R: 113.500 · 113.882

S: 113.000 · 111.179