AUDJPY London briefing — 2026-11-02

BIAS BULLISH. Daily structure, H4 and H1 EMAs combined with bullish fair value gaps across H4/H1 timeframes drive bias despite neutral RSI. KEY LEVELS R: 111.00, 111.56 | S: 110.50, 108.66 NEWS 🔴 RBA Interest Rate Decision — Tue 03 Nov 03:30 UTC 🔴 RBA Monetary Policy Statement — Tue 03 Nov 03:30 UTC 🔴 RBA Rate Statement — Tue 03 Nov 03:30 UTC SESSION OUTLOOK London session likely consolidates ahead of RBA event tomorrow. Watch for order flow toward 111.00 resistance; support holds at 110.50.

Key Levels

R: 111.000 · 111.561

S: 110.500 · 108.658