AUDJPY London briefing — 2026-11-06

BIAS BEARISH. D1 + H4 + H1 EMA alignment (all bearish), H1 fair value gaps (bearish), and RSI deeply oversold at 25.78 drive conviction despite H4 FVG bullish noise. KEY LEVELS R: 108.5 | 111.56 | S: 108.33 | 108.0 NEWS 🔴 BoJ Governor Ueda speech (JPY) – Fri 06 Nov 16:00 UTC SESSION OUTLOOK Ueda speech injects volatility; watch rejection at 108.5. Oversold RSI may bounce intraday but trend structure remains down.

Key Levels

R: 108.500 · 111.561

S: 108.332 · 108.000