EURAUD Asia briefing — 2026-10-28

BIAS BEARISH. Trend alignment (D1+H4+H1), bearish FVGs (H4/H1), and H4 EMA slope combine to outweigh oversold RSI and liquidity sweep of lows. KEY LEVELS R: 1.585, 1.59, 1.63266 | S: 1.58306, 1.58, 1.575 NEWS 🔴 RBA Governor Bullock Speech – Wed 28 Oct 00:15 UTC 🔴 CPI YoY (AUD) – Wed 28 Oct 00:30 UTC 🟡 CPI MoM (AUD) – Wed 28 Oct 00:30 UTC SESSION OUTLOOK RBA data and Bullock comments will test oversold extremes. Watch if AUD strength breaks bearish structure or confirms lows hold.

Key Levels

R: 1.58500 · 1.59000 · 1.63266

S: 1.58306 · 1.58000 · 1.57500