AUDUSD New York briefing — 2026-05-08

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure confirms uptrend, RSI neutral permits continuation. KEY LEVELS R: 0.725, 0.72804, 0.73 | S: 0.72, 0.715, 0.71024 NEWS 🔴 Michigan Consumer Sentiment Index (USD) 14:00 UTC 🟡 Michigan Consumer Expectations Index (USD) 14:00 UTC 🟡 UoM 1-year Consumer Inflation Expectations (USD) 14:00 UTC SESSION OUTLOOK Strong USD data could trigger pullback into support before resuming higher. Watch 0.725 resistance rejection or break. PRO UNLOCKS Entry 0.7245 | SL 0.7198 | TP1 0.7280 | TP2 0.7315 | FVG 0

Key Levels

R: 0.72500 · 0.72804 · 0.73000

S: 0.72000 · 0.71500 · 0.71024