EURAUD Asia briefing — 2026-08-05

BIAS NEUTRAL — H4 bearish vs. H1 neutral creates conflicting signals; D1 bullish provides structural support but RSI(14) at 40 lacks conviction either direction. KEY LEVELS R: 1.64, 1.645, 1.65037 | S: 1.635, 1.63, 1.6236 NEWS 🟡 HCOB Composite PMI (EUR) — Wed 08:00 UTC 🟡 Producer Price Index MoM (EUR) — Wed 09:00 UTC SESSION OUTLOOK Watch PMI prints for EUR strength cues. Price consolidating near 1.636; breaks above 1.64 or below 1.63 define direction into European open.

Key Levels

R: 1.64000 · 1.64500 · 1.65037

S: 1.63500 · 1.63000 · 1.62360