AUDUSD London briefing — 2026-10-09

BIAS BULLISH. D1 structure + H4/H1 EMA trend confluence combined with bullish H4 and H1 fair value gaps drive directional conviction despite neutral RSI. KEY LEVELS R: 0.7, 0.705, 0.71674 | S: 0.695, 0.69049, 0.69 NEWS 🔴 Michigan Consumer Sentiment Index (Fri 14:00 UTC) 🟡 Michigan Consumer Expectations Index (Fri 14:00 UTC) 🟡 UoM 1-year Inflation Expectations (Fri 14:00 UTC) SESSION OUTLOOK USD data release at 14:00 UTC risks volatility; watch reaction at 0.7 resistance. Bullish bias holds if price holds above 0.695 support.

Key Levels

R: 0.70000 · 0.70500 · 0.71674

S: 0.69500 · 0.69049 · 0.69000