AUDUSD London briefing — 2026-09-23

BIAS BEARISH. D1 + H4 + H1 trend alignment (all bearish) + H1 fair value gap breakdown drive directional conviction. KEY LEVELS R: 0.71, 0.715, 0.72381 | S: 0.70758, 0.705, 0.7 NEWS 🔴 S&P Global Manufacturing PMI (USD) 13:45 UTC 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🔴 MBA Mortgage Applications (USD) 11:00 UTC SESSION OUTLOOK PMI data mid-session may trigger USD volatility. Watch price reaction at 0.71 resistance; breaks below 0.705 confirm bearish extension.

Key Levels

R: 0.71000 · 0.71500 · 0.72381

S: 0.70758 · 0.70500 · 0.70000