EURAUD Asia briefing — 2026-05-11

BIAS BEARISH. H4 and H1 aligned downside; RSI neutral supports continuation on lower timeframe structure. KEY LEVELS R: 1.63, 1.635, 1.64337 | S: 1.625, 1.62, 1.61842 NEWS 🟡 Westpac Consumer Confidence (AUD) Tue 00:30 UTC 🟡 NAB Business Conditions (AUD) Tue 01:30 UTC 🟡 NAB Business Confidence (AUD) Tue 01:30 UTC SESSION OUTLOOK Watch support holds at 1.625 before Westpac data. AUD weakness likely if confidence disappoints; bears target lower support cluster. PRO UNLOCKS Entry zones, SL placement, TP1/TP2 targets, FVG liquidity pockets, Fibonacci projections — unlock with Pro subscription.

Key Levels

R: 1.63000 · 1.63500 · 1.64337

S: 1.62500 · 1.62000 · 1.61842