AUDJPY London briefing — 2026-07-20

BIAS BULLISH. H4/H1 EMAs aligned uptrend, D1 structure bullish, RSI neutral confirmation without overbought signal. KEY LEVELS R: 113.88, 114.00 | S: 113.50, 111.18 NEWS 🟡 Adjusted Merchandise Trade Balance (JPY) — Tue 21 Jul 23:50 UTC 🟡 Exports YoY (JPY) — Tue 21 Jul 23:50 UTC 🟡 Imports YoY (JPY) — Tue 21 Jul 23:50 UTC SESSION OUTLOOK Watch initial London push toward 113.88 resistance. Medium JPY data tomorrow may drive volatility; price currently 113.69 offers momentum tracking. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG liquidity sweeps, Fib extensions — unlock

Key Levels

R: 113.882 · 114.000

S: 113.500 · 111.179