AUDJPY London briefing — 2026-08-20

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI neutral at 50 allows room to run without overbought resistance. KEY LEVELS R: 113, 113.626 | S: 112.5, 109.244 NEWS 🟡 S&P Global PMI (Composite/Manufacturing/Services) Thu 23:00 UTC SESSION OUTLOOK PMI data drives AUD volatility into London close. Watch 113 resistance for rejection or break; holds above 112.5 support favor bulls.

Key Levels

R: 113.000 · 113.626

S: 112.500 · 109.244