AUDUSD London briefing — 2026-07-21

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI overbought signals pullback risk but daily structure remains neutral—momentum intact despite extremes. KEY LEVELS R: 0.70225, 0.705, 0.71 | S: 0.7, 0.695, 0.68845 NEWS 🟡 ADP Employment Change 4-week avg (USD) – Tue 12:15 UTC 🟡 Redbook Index YoY (USD) – Tue 12:55 UTC 🟡 API Weekly Crude Oil Stock (USD) – Tue 20:30 UTC SESSION OUTLOOK Watch 0.70225 resistance for breakout confirmation. Overbought RSI may trigger retest of 0.7 support; USD data could spark volatility. PRO UNLOCKS Unlock entry confluences, liquidation sweeps, Fibonacci

Key Levels

R: 0.70225 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.68845