AUDUSD London briefing — 2026-05-13

BIAS BULLISH. H4/H1 EMAs aligned bullish despite neutral RSI; D1 bearish overruled by intraday structure hierarchy. KEY LEVELS R: 0.725, 0.72804, 0.73 | S: 0.72, 0.715, 0.71024 NEWS 🟡 Producer Price Index (MoM/YoY) Wed 12:30 UTC 🟡 MBA Mortgage Applications Wed 11:00 UTC SESSION OUTLOOK PPI data may trigger volatility near London open. Watch 0.725 for resistance break; support at 0.72 holds intraday bias. PRO UNLOCKS Entry 0.7242, SL 0.7195, TP1 0.7268, TP2 0.7305, FVG 0.7212–0.7228 — unlock with Pro

Key Levels

R: 0.72500 · 0.72804 · 0.73000

S: 0.72000 · 0.71500 · 0.71024