EURAUD Asia briefing — 2026-10-22

BIAS BEARISH. H4 and H1 EMAs aligned downward; H4 and H1 fair value gaps confirm selling pressure despite D1 bullish structure. KEY LEVELS R: 1.6, 1.605, 1.6335 | S: 1.595, 1.59343, 1.59 NEWS 🟡 ECB Panetta (EUR) Thu 12:15 UTC 🟡 Consumer Confidence (EUR) Thu 14:00 UTC 🟡 S&P PMI Composite (AUD) Thu 22:00 UTC SESSION OUTLOOK Asia opens into Asian session weakness. EU data mid-session may create volatility; watch PMI for AUD reaction into London close.

Key Levels

R: 1.60000 · 1.60500 · 1.63350

S: 1.59500 · 1.59343 · 1.59000