AUDUSD London briefing — 2026-05-29

BIAS BEARISH. D1 structure dominates despite H1 bullish EMA; RSI neutral supports downside continuation from daily trend. KEY LEVELS R: 0.72, 0.725, 0.72713 | S: 0.715, 0.71, 0.70802 NEWS 🟡 Fed's Schmid speech 10:50 UTC 🟡 Goods Trade Balance 12:30 UTC 🟡 Wholesale Inventories 12:30 UTC SESSION OUTLOOK Schmid speech could inject USD strength early. Watch for London close below 0.715 to confirm lower target. PRO UNLOCKS Entry zones, SL placement, TP1/TP2 cascades, FVG sweeps, liquidity pools—unlock Pro for exact levels.

Key Levels

R: 0.72000 · 0.72500 · 0.72713

S: 0.71500 · 0.71000 · 0.70802