AUDJPY London briefing — 2026-10-29

BIAS BULLISH. D1 + H4 + H1 trend alignment, H4 and H1 fair value gaps, and bullish D1 structure drive conviction despite liquidity sweep of highs. KEY LEVELS R: 111.56123, 111.5 | S: 111, 108.65809 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 Watch CPI prints for JPY strength or weakness. Bullish bias holds into resistance 111.56 if data does not shock lower.

Key Levels

R: 111.500 · 111.561

S: 111.000 · 108.658