AUDUSD London briefing — 2026-10-16

BIAS BEARISH. D1 + H4 EMA + H1 EMA trend vote combined with bearish H4 fair value gaps drive direction despite neutral RSI. KEY LEVELS R: 0.695, 0.7, 0.71404 | S: 0.69, 0.68956, 0.685 NEWS 🟡 Export Price Index (MoM/YoY) USD at 12:30 UTC 🟡 Import Price Index (MoM) USD at 12:30 UTC SESSION OUTLOOK London open tests resistance confluence near 0.695. Watch H1 bullish FVG interaction against H4 bearish pressure through US data release.

Key Levels

R: 0.69500 · 0.70000 · 0.71404

S: 0.69000 · 0.68956 · 0.68500