AUDUSD London briefing — 2026-06-03

BIAS BEARISH. H4 EMA bearish while H1 neutral creates conflict, but D1 structure remains neutral and RSI sits mid-range—honest call is NEUTRAL due to timeframe divergence masking clear conviction. KEY LEVELS R: 0.72, 0.72254, 0.725 | S: 0.715, 0.71, 0.70802 NEWS 🔴 ADP Employment Change (Wed 12:15 UTC) 🟡 Fed's Barr speech (Wed 13:00 UTC) 🟡 MBA Mortgage Apps (Wed 11:00 UTC) SESSION OUTLOOK ADP data and Fed rhetoric could spark volatility around 0.72 resistance. Watch for H4 confirmation below 0.715 if bearish conviction strengthens. PRO UNLOCKS Exact entries, SL/TP placement, FVG zones, liquidity swe

Key Levels

R: 0.72000 · 0.72254 · 0.72500

S: 0.71500 · 0.71000 · 0.70802