AUDUSD Asia briefing — 2026-08-07

BIAS BULLISH — D1 structure confirms uptrend; H4 EMA bullish supports. H1 neutral and RSI 47.81 flag caution on immediate momentum, but daily bias intact. KEY LEVELS R: 0.70641, 0.705, 0.71 | S: 0.70, 0.695, 0.69228 NEWS 🔴 Average Hourly Earnings (MoM) — Fri 12:30 UTC 🔴 Average Hourly Earnings (YoY) — Fri 12:30 UTC 🟡 Average Weekly Hours — Fri 12:30 UTC SESSION OUTLOOK ASIA opens with daily bullish bias intact; watch 0.705 resistance test. USD strength from earnings data (post-ASIA) may cap upside; monitor for reversal signals into NY open.

Key Levels

R: 0.70500 · 0.70641 · 0.71000

S: 0.70000 · 0.69500 · 0.69228