AUDJPY London briefing — 2026-10-23

BIAS BEARISH. Trend vote (D1+H4+H1 EMA) bearish despite liquidity sweep and H4 FVG bullish signals; H1 FVG reinforces downside. KEY LEVELS R: 110.5, 111.31 | S: 110.00, 108.66 NEWS CFTC AUD NC Net Positions (Fri 23 Oct 19:30 UTC) 🟡 CFTC JPY NC Net Positions (Fri 23 Oct 19:30 UTC) 🟡 SESSION OUTLOOK London opens with price near 110.23. Watch for sweep retest of lows; trend rejection at resistance confirms bearish continuation into US overlap.

Key Levels

R: 110.500 · 111.307

S: 110.000 · 108.658