AUDJPY New York briefing — 2026-10-19

BIAS BULLISH. H4 and H1 fair value gaps align upward despite neutral trend votes and RSI, providing structural bullish conviction. KEY LEVELS R: 111, 112.24 | S: 110.5, 108.66 NEWS 🟡 Adjusted Merchandise Trade Balance (JPY) — Tue 20 Oct 23:50 UTC 🟡 Exports YoY (JPY) — Tue 20 Oct 23:50 UTC 🟡 Imports YoY (JPY) — Tue 20 Oct 23:50 UTC SESSION OUTLOOK Monitor 110.5 support into NY open. Medium-impact Japan trade data after session close may trigger volatility; watch price reaction to FVG fills toward 111.

Key Levels

R: 111.000 · 112.238

S: 110.500 · 108.658