AUDUSD London briefing — 2026-10-05

BIAS BEARISH. D1 structure + H4/H1 EMA alignment drive downside; RSI neutral supports continuation without overbought resistance. KEY LEVELS R: 0.695, 0.7, 0.72381 | S: 0.69049, 0.69, 0.685 NEWS 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🟡 ISM Services Employment Index (USD) 14:00 UTC SESSION OUTLOOK USD strength via PMI data may pressure AUD lower. Monitor hold above 0.69049; break confirms bearish extension.

Key Levels

R: 0.69500 · 0.70000 · 0.72381

S: 0.69049 · 0.69000 · 0.68500