AUDUSD London briefing — 2026-08-26

BIAS BEARISH. H4/H1 EMAs bullish conflict with daily neutral structure and RSI overbought at 64.71—downside bias holds if resistance 0.71866 rejects. KEY LEVELS R: 0.71866, 0.72, 0.725 | S: 0.715, 0.71, 0.70227 NEWS 🔴 Core PCE MoM/YoY (USD) 12:30 UTC — inflation data may pressure AUD if USD strength resumes. SESSION OUTLOOK London opens near resistance. PCE print critical; soft data supports downside bias, hard data could flip bullish momentum.

Key Levels

R: 0.71866 · 0.72000 · 0.72500

S: 0.71500 · 0.71000 · 0.70227