AUDUSD Asia briefing — 2026-07-16

BIAS BEARISH. RSI overbought at 72.77 with H1 bullish / H4 neutral divergence signals exhaustion, despite daily structure remaining bullish. KEY LEVELS R: 0.70212, 0.705, 0.71 | S: 0.7, 0.695, 0.68654 NEWS 🟡 Consumer Inflation Expectations (AUD) – Thu 01:00 UTC 🟡 Initial Jobless Claims (USD) – Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) – Thu 12:30 UTC SESSION OUTLOOK Watch 0.70212 rejection; inflation data may trigger AUD volatility early. Bears target 0.7 support if momentum stalls. PRO UNLOCKS Entry zones, SL placement, TP clusters, liquidity sweeps, FVG identification — unlock with Pro subscription.

Key Levels

R: 0.70212 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.68654