AUDUSD London briefing — 2026-07-22

BIAS BULLISH — H4/H1 EMAs aligned uptrend; RSI neutral (54.58) leaves room to run; D1 structure remains non-confirmatory but intraday momentum intact. KEY LEVELS R: 0.70268, 0.705, 0.71 | S: 0.7, 0.695, 0.69063 NEWS 🟡 MBA Mortgage Applications (Wed 11:00 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) 🟡 20-Year Bond Auction (Wed 17:00 UTC) SESSION OUTLOOK London open sees low-impact US data; watch for intraday consolidation into 0.70268 resistance. Break above confirms bias; hold near 0.7 support if range-bound. PRO UNLOCKS Entry, SL, TP1, TP2, F

Key Levels

R: 0.70268 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.69063