AUDUSD London briefing — 2026-05-19

BIAS BEARISH. D1 structure bearish, H4/H1 EMAs aligned downside, RSI neutral supports continuation lower. KEY LEVELS R: 0.715, 0.72, 0.72804 | S: 0.71095, 0.71, 0.705 NEWS 🟡 ADP Employment Change 4-week avg (12:15 UTC) 🟡 Pending Home Sales MoM (14:00 UTC) 🟡 Redbook Index YoY (12:55 UTC) SESSION OUTLOOK USD strength from employment data could accelerate AUD weakness toward 0.71. Watch 0.715 resistance rejection; break below 0.71095 confirms next leg lower. PRO UNLOCKS Entry zone, SL placement, TP1/TP2, FVG identification, liquidity sweep levels — unlock Pro.

Key Levels

R: 0.71500 · 0.72000 · 0.72804

S: 0.71095 · 0.71000 · 0.70500