AUDJPY New York briefing — 2026-10-22

BIAS BEARISH. Trend vote (D1+H4+H1 EMA) and H1 fair value gap breakdown dominate; liquidity sweep of highs confirms selling pressure despite H4 FVG resistance. KEY LEVELS R: 110, 111.53 | S: 109.5, 108.66 NEWS 🟡 S&P Global Composite/Manufacturing/Services PMI (AUD) – Thu 22:00 UTC SESSION OUTLOOK PMI data may trigger volatility around 110 resistance. Watch for H1 breakdown below 109.5 to extend bearish bias toward second support.

Key Levels

R: 110.000 · 111.534

S: 109.500 · 108.658