AUDUSD Asia briefing — 2026-05-08

BIAS BULLISH — D1 structure dominates despite H1 neutrality; H4 EMA confirms upside momentum. KEY LEVELS R: 0.725, 0.72804, 0.73 | S: 0.72, 0.715, 0.71024 NEWS 🟡 Fed Cook speech (Fri 09:45 UTC) 🔴 Avg Hourly Earnings MoM/YoY (Fri 12:30 UTC) SESSION OUTLOOK ASIA session likely consolidates into NYC open. USD volatility spikes on earnings data—watch 0.725 resistance for breakout confirmation. PRO UNLOCKS Entry 0.72104 | SL 0.71840 | TP1 0.72480 | TP2 0.73050 | FVG 0.71950–0.72020 | Liquidity sweep

Key Levels

R: 0.72500 · 0.72804 · 0.73000

S: 0.72000 · 0.71500 · 0.71024