AUDUSD London briefing — 2026-05-21

BIAS BEARISH. D1 structure bearish; H4/H1 EMAs aligned downside; RSI neutral supports continuation without oversold bounce. KEY LEVELS R: 0.715, 0.72, 0.72804 | S: 0.71, 0.70802, 0.705 NEWS 🟡 Building Permits MoM (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK Medium impact USD data at London open may trigger volatility into 0.715 resistance. Watch for bearish continuation toward 0.71 support zone if data underperforms. PRO UNLOCKS Entry 0.7108 | SL 0.7165 | TP1 0.7082 | TP2 0.7052 | FVG 0.711–0.7095

Key Levels

R: 0.71500 · 0.72000 · 0.72804

S: 0.71000 · 0.70802 · 0.70500