AUDJPY London briefing — 2026-11-05

BIAS BULLISH. H4 and H1 fair value gaps with H4 EMA bullish alignment drive directional bias despite neutral RSI and absent trend consensus. KEY LEVELS R: 111.00, 111.56 | S: 110.50, 108.66 NEWS 🟡 Labor Cash Earnings (JPY) – Thu 23:30 UTC 🟡 Household Spending (JPY) – Thu 23:30 UTC SESSION OUTLOOK London close tests upper resistance into JPY data release. Monitor 111.00 for breakout conviction ahead of late-session volatility.

Key Levels

R: 111.000 · 111.561

S: 110.500 · 108.658