AUDJPY London briefing — 2026-08-11

BIAS NEUTRAL — RSI overbought at 72.61 conflicts with bullish D1 structure; H4/H1 EMA divergence signals momentum fatigue despite uptrend. KEY LEVELS R: 112.5, 114.71 | S: 112, 109.24 NEWS 🟡 Money Supply M2+CD (JPY) Tue 23:50 UTC | 🟡 Producer Price Index (JPY) Wed 23:50 UTC SESSION OUTLOOK London may see profit-taking on overbought RSI. Watch 112.5 resistance; break holds bullish structure, rejection signals pullback to support.

Key Levels

R: 112.500 · 114.712

S: 112.000 · 109.244