AUDUSD London briefing — 2026-10-22

BIAS BEARISH. Liquidity sweep of highs and H1 fair-value gap breakdown override neutral trend and RSI; sellers targeting lows. KEY LEVELS R: 0.705, 0.70428 | S: 0.7, 0.695, 0.68956 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK US jobs data at London fix may trigger volatility. Watch for sweep confirmation below 0.7 as entry signal into support cascade.

Key Levels

R: 0.70428 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.68956