AUDJPY London briefing — 2026-08-12

BIAS NEUTRAL — H1 bullish EMA conflicts with H4 neutral; RSI overbought at 70 creates pullback risk despite D1 structure support. KEY LEVELS R: 112.5, 114.71 | S: 112.0, 109.24 NEWS 🟡 JPY Producer Price Index (MoM/YoY) Wed 23:50 UTC 🟡 AUD Consumer Inflation Expectations Thu 01:00 UTC SESSION OUTLOOK Watch 112.5 resistance into PPI print. JPY data could trigger volatility; AUD inflation expectations follow early Thursday.

Key Levels

R: 112.500 · 114.712

S: 112.000 · 109.244