AUDJPY London briefing — 2026-08-28

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI overbought (74.93) signals momentum strength, not reversal risk yet. D1 neutral structure permits continuation. KEY LEVELS R: 114.89, 115 | S: 114.5, 111.24 NEWS CFTC AUD & JPY Net Positions 🟡 Fri 19:30 UTC (low impact). SESSION OUTLOOK London opens into overbought conditions; watch 114.89 rejection or break. CFTC data may trigger micro-volatility near close.

Key Levels

R: 114.892 · 115.000

S: 114.500 · 111.238