EURAUD Asia briefing — 2026-05-14

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral supports continuation lower despite D1 neutrality. KEY LEVELS R: 1.615, 1.62, 1.64235 | S: 1.6111, 1.61, 1.605 NEWS 🟡 Consumer Inflation Expectations (AUD) Thu 01:00 UTC 🔴 ECB President Lagarde speech (EUR) Thu 09:15 UTC SESSION OUTLOOK AUD data and Lagarde's hawkish/dovish stance will drive volatility. Watch rejection at 1.615 resistance for continuation lower toward 1.6111 support. PRO UNLOCKS Entry 1.6148→1.6140, SL 1.6158, TP1 1.6111, TP2 1.605, FVG 1.6135-1.

Key Levels

R: 1.61500 · 1.62000 · 1.64235

S: 1.61110 · 1.61000 · 1.60500