AUDJPY London briefing — 2026-08-31

BIAS BEARISH. RSI(35.74) shows oversold conditions supporting downside, though H1/H4 EMAs neutral creates caution—price near support at 114 may find buyers. KEY LEVELS R: 114.5, 114.96 | S: 114.00, 112.22 NEWS 🟡 AUD PMI (Mon 23:00 UTC) 🟡 JPY Capital Spending (Mon 23:50 UTC) 🟡 JPY PMI (Tue 00:30 UTC) SESSION OUTLOOK Watch AUD PMI reaction into London close. Three low-impact events overnight; JPY data favors downside bias if weak.

Key Levels

R: 114.500 · 114.965

S: 114.000 · 112.223