AUDJPY New York briefing — 2026-10-20

BIAS NEUTRAL. H4 bullish FVG conflicts with H1 bearish FVG; divergent EMAs (H4 neutral vs H1 bullish) prevent directional conviction. KEY LEVELS R: 111.00 | 112.14 | S: 110.50 | 108.66 NEWS 🟡 Adjusted Merchandise Trade Balance (JPY) — Tue 23:50 UTC 🟡 Exports YoY (JPY) — Tue 23:50 UTC 🟡 Imports YoY (JPY) — Tue 23:50 UTC SESSION OUTLOOK Japanese data at NY close may trigger volatility. Range-bound action likely until clarity; watch rejection at 111 or hold above 110.50 for structure clues.

Key Levels

R: 111.000 · 112.143

S: 110.500 · 108.658