AUDUSD Asia briefing — 2026-07-31

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI neutral at 66.82 avoids overbought trap; D1 structure holds support floor. KEY LEVELS R: 0.70335, 0.705, 0.71 | S: 0.7, 0.695, 0.69133 NEWS 🟡 Private Sector Credit MoM/YoY (01:30 UTC) 🟡 Producer Price Index QoQ (01:30 UTC) SESSION OUTLOOK AUD data releases early Asia; low volatility expected. Watch holds above 0.70 for continuation bias into London open.

Key Levels

R: 0.70335 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.69133