AUDUSD London briefing — 2026-10-12

BIAS BULLISH. D1 + H4 + H1 trend confluence, H4 & H1 fair value gaps, and high sweep of lows all align upward despite neutral RSI. KEY LEVELS R: 0.7, 0.705, 0.71418 | S: 0.695, 0.69049, 0.69 NEWS 🟡 Fed's Hammack speech (USD) Mon 12 Oct 16:50 UTC SESSION OUTLOOK London opens with bullish structure intact. Fed event late-session may pressure AUD; watch 0.7 resistance hold into New York open.

Key Levels

R: 0.70000 · 0.70500 · 0.71418

S: 0.69500 · 0.69049 · 0.69000