AUDJPY London briefing — 2026-09-24

BIAS BEARISH. Trend vote (D1 + EMA H4 + EMA H1) and H4/H1 fair value gaps drive direction; liquidity sweep of lows provides counter-structure. KEY LEVELS R: 111.5, 112.70 | S: 111.0, 109.29 NEWS CFTC AUD NC Net Positions — Fri 25 Sep 19:30 UTC 🟡 CFTC JPY NC Net Positions — Fri 25 Sep 19:30 UTC 🟡 SESSION OUTLOOK Watch for momentum into London open; FVG fills on H1/H4 define short targets. Sweep setup at 111 may trigger reversals before continuation lower.

Key Levels

R: 111.500 · 112.703

S: 111.000 · 109.293