EURAUD Asia briefing — 2026-08-28

BIAS NEUTRAL — RSI oversold (28.54) conflicts with aligned bearish EMAs (H4/H1) and bearish D1 structure. Bounce potential vs. continuation pressure creates no clean edge. KEY LEVELS R: 1.62, 1.625, 1.64454 | S: 1.61849, 1.615, 1.61 NEWS 🟡 Business Climate (EUR) Fri 09:00 UTC 🟡 Consumer Confidence (EUR) Fri 09:00 UTC 🟡 Economic Sentiment Indicator (EUR) Fri 09:00 UTC SESSION OUTLOOK Watch if EUR data ignites directional bias. Oversold RSI may invite short-covering bounce toward 1.62 resistance, but bearish structure risks renewed selling if data disappoints.

Key Levels

R: 1.62000 · 1.62500 · 1.64454

S: 1.61849 · 1.61500 · 1.61000