AUDJPY London briefing — 2026-10-01

BIAS BEARISH. D1 structure, H4 EMA, and H4 fair-value gaps align downside; H1 bullish FVGs create intraday noise but don't override the daily/4H confluence. KEY LEVELS R: 110.5, 112.8 | S: 110.0, 108.92 NEWS 🔴 Tokyo CPI (YoY) Thu 23:30 UTC 🔴 Tokyo CPI ex Food/Energy (YoY) Thu 23:30 UTC 🟡 Jobs/Applicants Ratio (JPY) Thu 23:30 UTC SESSION OUTLOOK London open near 110.04 may probe resistance into CPI prints. Watch whether inflation data triggers JPY strength and accelerates the bearish structure lower.

Key Levels

R: 110.500 · 112.800

S: 110.000 · 108.916