AUDUSD London briefing — 2026-10-29

BIAS BULLISH. D1 structure, H4 EMA, and H1 EMA combined with H4 fair value gaps drive this bias despite H1 FVG and liquidity sweep headwinds. KEY LEVELS R: 0.71, 0.70678, 0.705 | S: 0.7, 0.695, 0.68956 NEWS 🔴 Core PCE MoM & YoY (USD) — Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) — Thu 12:30 UTC SESSION OUTLOOK Watch PCE data for USD strength; could test resistance. Monitor hold above 0.7 support for bullish continuation.

Key Levels

R: 0.70500 · 0.70678 · 0.71000

S: 0.70000 · 0.69500 · 0.68956