AUDUSD London briefing — 2026-08-28

BIAS BULLISH. H4/H1 EMA alignment supports upside; D1 neutral tempers conviction but RSI overbought warns of pullback risk before continuation. KEY LEVELS R: 0.72, 0.72051, 0.725 | S: 0.715, 0.71, 0.70419 NEWS 🔴 Fed Chair Warsh speech (14:00 UTC) 🟡 Chicago PMI (13:45 UTC) 🟡 Michigan Consumer Expectations (14:00 UTC) SESSION OUTLOOK Warsh speech is the key volatility trigger. Watch USD reaction; AUD strength depends on whether Fed commentary softens or hardens rate expectations. Monitor 0.72 resistance into NFP weekend.

Key Levels

R: 0.72000 · 0.72051 · 0.72500

S: 0.71500 · 0.71000 · 0.70419