AUDUSD London briefing — 2026-09-29

BIAS BEARISH. Trend alignment (D1+H4+H1), H4/H1 fair value gaps, and bearish D1 structure override oversold RSI and liquidity sweep of lows. KEY LEVELS R: 0.7, 0.705, 0.72381 | S: 0.6979, 0.695, 0.69 NEWS 🟡 Fed's Musallem speech 11:30 UTC 🟡 Housing Price Index 13:00 UTC SESSION OUTLOOK Watch 0.6979 support for breakdown confirmation. Morning volatility from Fed commentary may test resistance 0.7 before continuation lower.

Key Levels

R: 0.70000 · 0.70500 · 0.72381

S: 0.69790 · 0.69500 · 0.69000