AUDUSD London briefing — 2026-06-04

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral (32.98) leaves room for further downside without oversold rejection. KEY LEVELS R: 0.715, 0.72, 0.72004 | S: 0.71, 0.70802, 0.705 NEWS 🟡 Challenger Job Cuts (USD) Thu 11:30 UTC 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK London open may test 0.71 support on weak USD data. Watch jobless claims at 12:30 UTC for volatility spike into European afternoon close. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG sweeps, liquidity pockets — unlock with Pro subscription.

Key Levels

R: 0.71500 · 0.72000 · 0.72004

S: 0.71000 · 0.70802 · 0.70500