AUDUSD Asia briefing — 2026-08-05

BIAS BULLISH. H4 and H1 EMAs aligned bullish; D1 structure confirms uptrend. RSI at 64 shows momentum without overbought extremes. KEY LEVELS R: 0.705, 0.70567, 0.71 | S: 0.7, 0.695, 0.69228 NEWS 🔴 ADP Employment Change (Wed 12:15 UTC) 🟡 S&P Global Composite PMI (Wed 13:45 UTC) 🔴 MBA Mortgage Applications (Wed 11:00 UTC) SESSION OUTLOOK ADP and PMI arrive mid-Asia. USD strength could test resistance; watch 0.705 for early rejection or break confirmation into NY overlap.

Key Levels

R: 0.70500 · 0.70567 · 0.71000

S: 0.70000 · 0.69500 · 0.69228