AUDUSD London briefing — 2026-05-18

BIAS BEARISH. D1 structure overrides H1 neutral; H4 confirms downside despite RSI neutral zone. KEY LEVELS R: 0.72, 0.725, 0.72804 | S: 0.715, 0.71024, 0.71 NEWS 🟡 NAHB Housing Market Index (USD) 14:00 UTC 🟡 3M/6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK Watch for AUD weakness into US data. London open may test 0.715 support; hold above confirms downtrend continuation. PRO UNLOCKS Entry 0.7142, SL 0.7185, TP1 0.7102, TP2 0.7095 — FVG 0.714–0.7165 — liquidity sweep at 0.72 resistance

Key Levels

R: 0.72000 · 0.72500 · 0.72804

S: 0.71500 · 0.71024 · 0.71000