AUDUSD London briefing — 2026-11-06

BIAS BEARISH. D1+H4+H1 trend confluence, H4/H1 FVG bearish structure, and RSI deeply oversold at 20.18 drive directional pressure lower. KEY LEVELS R: 0.69, 0.695, 0.70678 | S: 0.68637, 0.685, 0.68 NEWS 🔴 Average Hourly Earnings (MoM/YoY) – Fri 13:30 UTC 🟡 Fed Williams speech – Fri 09:30 UTC SESSION OUTLOOK AHE data at London close carries heavy USD momentum risk. Watch resistance rejection into London overlap; oversold RSI may invite corrective pulse but structure remains bearish.

Key Levels

R: 0.69000 · 0.69500 · 0.70678

S: 0.68637 · 0.68500 · 0.68000