AUDUSD London briefing — 2026-09-28

BIAS BEARISH. D1 + H4 + H1 EMAs aligned bearish; H4 fair value gaps confirm downside; RSI neutral supports directional momentum without overbought resistance. KEY LEVELS R: 0.705, 0.71, 0.72381 | S: 0.70042, 0.7, 0.695 NEWS 🟡 Dallas Fed Manufacturing (14:30 UTC) 🟡 3M Bill Auction (15:30 UTC) 🟡 6M Bill Auction (15:30 UTC) SESSION OUTLOOK USD strength via auctions may pressure AUD. Watch 0.705 resistance; break below 0.70042 confirms bearish structure into London close.

Key Levels

R: 0.70500 · 0.71000 · 0.72381

S: 0.70042 · 0.70000 · 0.69500