AUDJPY New York briefing — 2026-10-16

BIAS BEARISH. D1 trend + H4 EMA + H1 EMA convergence override neutral RSI and bullish fair-value gaps. KEY LEVELS R: 110.5, 112.32 | S: 110.00, 108.66 NEWS CFTC AUD NC Net Positions (19:30 UTC) 🟡 CFTC JPY NC Net Positions (19:30 UTC) 🟡 SESSION OUTLOOK Watch price rejection at 110.5 resistance into CFTC data. H1 FVGs limit downside initially; H4 bearish structure guides lower if broken.

Key Levels

R: 110.500 · 112.318

S: 110.000 · 108.658