EURAUD Asia briefing — 2026-09-23

BIAS BEARISH. Trend alignment (D1+H4+H1 EMAs) combined with H4/H1 fair value gaps override neutral RSI and liquidity sweep of lows. KEY LEVELS R: 1.61, 1.615, 1.62276 | S: 1.60794, 1.605, 1.6 NEWS 🔴 HCOB Composite PMI (EUR) Wed 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) Wed 08:00 UTC 🟡 Vujčić speech (EUR) Wed 07:00 UTC SESSION OUTLOOK Soft PMI data could accelerate downside. Watch 1.61 resistance; break below 1.605 confirms bearish structure into London open.

Key Levels

R: 1.61000 · 1.61500 · 1.62276

S: 1.60794 · 1.60500 · 1.60000