AUDJPY London briefing — 2026-10-19

BIAS BULLISH. H4 and H1 fair value gaps align bullish despite neutral trend votes and RSI, providing structural conviction. KEY LEVELS R: 110.5, 112.23825 | S: 110, 108.65809 NEWS 🟡 Merchandise Trade Balance (JPY) – Tue 23:50 UTC 🟡 Exports YoY (JPY) – Tue 23:50 UTC 🟡 Imports YoY (JPY) – Tue 23:50 UTC SESSION OUTLOOK London session tests resistance into Japanese macro data release. FVG targets guide upside if price holds 110 support.

Key Levels

R: 110.500 · 112.238

S: 110.000 · 108.658