AUDUSD New York briefing — 2026-05-05

BIAS BEARISH — D1 structure bearish overrides neutral RSI; H4/H1 divergence signals weakness. KEY LEVELS R: 0.72, 0.72272, 0.725 | S: 0.715, 0.71024, 0.71 NEWS 🟡 S&P Global Composite PMI 13:45 UTC 🟡 S&P Global Services PMI 13:45 UTC 🔴 Redbook Index 12:55 UTC SESSION OUTLOOK PMI data risks USD strength; watch 0.72 resistance hold. Bears favor lower levels if composites disappoint. PRO UNLOCKS Entry 0.7165, SL 0.7205, TP1 0.715, TP2 0.7102, FVG 0.7180–0.7190, liquidity sweep 0.725 — unlock Pro

Key Levels

R: 0.72000 · 0.72272 · 0.72500

S: 0.71500 · 0.71024 · 0.71000