AUDUSD New York briefing — 2026-07-31

BIAS NEUTRAL – Daily structure bearish yet H4/H1 EMAs bullish; RSI 58 lacks conviction. Conflicting timeframes demand caution. KEY LEVELS R: 0.7044, 0.705, 0.71 | S: 0.7, 0.695, 0.69133 NEWS 🟡 Chicago PMI (USD) 13:45 UTC 🟡 Michigan Consumer Sentiment Index (USD) 14:00 UTC 🟡 Michigan Consumer Expectations Index (USD) 14:00 UTC SESSION OUTLOOK Three medium-impact US data releases cluster at NY open. Watch reaction around 0.7044 resistance; softer PMI/sentiment could trigger lower-timeframe breakdown.

Key Levels

R: 0.70440 · 0.70500 · 0.71000

S: 0.70000 · 0.69500 · 0.69133