AUDUSD London briefing — 2026-08-21

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI 68 shows strength without overextension; D1 neutral doesn't contradict intraday momentum. KEY LEVELS R: 0.71484, 0.715, 0.72 | S: 0.71, 0.705, 0.69835 NEWS 🟡 S&P Global Composite PMI (USD) – Fri 21 Aug 13:45 UTC 🔴 S&P Global Manufacturing PMI (USD) – Fri 21 Aug 13:45 UTC 🔴 S&P Global Services PMI (USD) – Fri 21 Aug 13:45 UTC SESSION OUTLOOK PMI cluster at 13:45 UTC drives USD volatility. Watch break above 0.71484 for continuation; below 0.71 invalidates short-term bull.

Key Levels

R: 0.71484 · 0.71500 · 0.72000

S: 0.71000 · 0.70500 · 0.69835