AUDUSD Asia briefing — 2026-05-20

BIAS BEARISH. D1 structure + H4/H1 EMA alignment confirm downtrend; RSI(32) supports weakness. KEY LEVELS R: 0.715, 0.72, 0.72804 | S: 0.71, 0.70802, 0.705 NEWS 🟡 Westpac Leading Index (Wed 01:00 UTC) 🟡 Fed Barr speech (Wed 07:15 UTC) 🟡 MBA Mortgage Apps (Wed 11:00 UTC) SESSION OUTLOOK Watch for dips into 0.71 support. USD strength from Fed rhetoric could accelerate AUD selloff into Asia close. PRO UNLOCKS Entry 0.7095 | SL 0.7155 | TP1 0.7055 | TP2 0.7015 | FVG: 0.7120

Key Levels

R: 0.71500 · 0.72000 · 0.72804

S: 0.71000 · 0.70802 · 0.70500