AUDUSD London briefing — 2026-08-19

BIAS BULLISH — D1 structure supports upside despite neutral EMAs (H4/H1) and mid-range RSI; daily timeframe dominates London session bias. KEY LEVELS R: 0.71, 0.71295, 0.715 | S: 0.705, 0.7, 0.69835 NEWS 🟡 MBA Mortgage Applications 11:00 UTC | 🟡 EIA Crude Oil & Distillate Stocks 14:30 UTC SESSION OUTLOOK Low-impact data unlikely to trigger volatility. Watch 0.71 resistance for conviction continuation; support at 0.705 guards downside.

Key Levels

R: 0.71000 · 0.71295 · 0.71500

S: 0.70500 · 0.70000 · 0.69835