AUDJPY London briefing — 2026-07-23

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI neutral at 63.83 prevents overextension concern; D1 structure neutral but intraday momentum intact. KEY LEVELS R: 114.48, 114.5 | S: 114.0, 111.34 NEWS 🟡 S&P Global PMI (Composite, Manufacturing, Services) – Thu 23:00 UTC SESSION OUTLOOK PMI trio releases late-session; watch AUD reaction for direction confirmation. Buyers target 114.48 if data supports; sellers probe 114.0 if PMI disappoints. PRO UNLOCKS Entry 114.38, SL 113.95, TP1 114.48, TP2 114.65, FVG 114.15–114.25, liquidity sweep 113.85 — unlock with Pro

Key Levels

R: 114.485 · 114.500

S: 114.000 · 111.341