AUDUSD London briefing — 2026-10-21

BIAS BULLISH. D1 + H4 + H1 trend confluence, H4 and H1 fair value gaps, and high-side liquidity sweep align upside despite RSI neutral signal. KEY LEVELS R: 0.70456 | 0.705 | 0.71 | S: 0.70 | 0.695 | 0.68956 NEWS 🟡 MBA Mortgage Applications (Wed 11:00 UTC) | 🟡 EIA Crude Oil Stocks Change (Wed 14:30 UTC) | 🟡 EIA Distillate Stocks Change (Wed 14:30 UTC) SESSION OUTLOOK London opens with bullish structure intact. Watch for H4 FVG hold and sweep confirmation; EIA data at 14:30 may test conviction.

Key Levels

R: 0.70456 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.68956