AUDUSD London briefing — 2026-07-28

BIAS BEARISH. H1 EMA bearish conflicts with H4 neutral and D1 neutral; RSI 39.77 supports downside but lacks conviction. Hourly structure gives edge. KEY LEVELS R: 0.7, 0.70268, 0.705 | S: 0.695, 0.69133, 0.69 NEWS 🟡 ADP Employment Change 4-week avg (USD) Tue 12:15 UTC 🟡 Goods Trade Balance (USD) Tue 12:30 UTC 🟡 Wholesale Inventories (USD) Tue 12:30 UTC SESSION OUTLOOK USD data prints mid-session; watch 0.695 support hold. Conflicting timeframes suggest choppy conditions; bias leans short into resistance 0.7 on lower timeframe setup. PRO UNLOCKS Entry, SL, TP1,

Key Levels

R: 0.70000 · 0.70268 · 0.70500

S: 0.69500 · 0.69133 · 0.69000