AUDUSD London briefing — 2026-08-20

BIAS BULLISH. H1/H4 EMAs aligned bullish; RSI neutral at 60.47 supports continuation without overextension. D1 neutral structure leaves room for intraday momentum. KEY LEVELS R: 0.71359, 0.715, 0.72 | S: 0.71, 0.705, 0.69835 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC 🔴 4-week average Jobless Claims Thu 12:30 UTC SESSION OUTLOOK USD jobless data could pressure AUD if claims surprise weak. Watch 0.71359 resistance; break confirms bullish continuation into London close.

Key Levels

R: 0.71359 · 0.71500 · 0.72000

S: 0.71000 · 0.70500 · 0.69835