AUDUSD Asia briefing — 2026-08-12

BIAS BULLISH. H4 and H1 EMAs aligned bullish; D1 structure confirms uptrend. RSI neutral (55) leaves room to run without overbought risk. KEY LEVELS R: 0.70789 | 0.71 | 0.715 | S: 0.705 | 0.7 | 0.69228 NEWS 🔴 US CPI MoM/YoY Wed 12:30 UTC (high impact to USD) 🟡 MBA Mortgage Applications Wed 11:00 UTC (low) SESSION OUTLOOK Asia open likely quiet; watch for USD reaction post-CPI. AUD may find support at 0.705 if inflation data strengthens greenback.

Key Levels

R: 0.70789 · 0.71000 · 0.71500

S: 0.70500 · 0.70000 · 0.69228