EURAUD London briefing — 2026-05-15

BIAS BEARISH — D1 structure neutral but H4/H1 divergence + RSI 58.87 (overbought lean) signals pullback risk from 1.625 resistance. KEY LEVELS R: 1.625, 1.63, 1.64235 | S: 1.62, 1.615, 1.6111 NEWS 🟡 Economic Bulletin (EUR) Fri 08:00 UTC | 🟡 CFTC AUD NC Net Positions Fri 19:30 UTC | 🟡 CFTC EUR NC Net Positions Fri 19:30 UTC SESSION OUTLOOK Economic Bulletin may trigger EUR volatility early. Watch 1.625 rejection; break below 1.62 confirms bearish continuation into European close. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity pockets,

Key Levels

R: 1.62500 · 1.63000 · 1.64235

S: 1.62000 · 1.61500 · 1.61110