EURAUD London briefing — 2026-05-29

BIAS BEARISH. D1 structure bullish but H4 EMA bearish dominates intraday; RSI neutral supports downside continuation. KEY LEVELS R: 1.63, 1.635, 1.63835 | S: 1.625, 1.62, 1.6111 NEWS 🟡 CFTC AUD NC Net Positions (19:30 UTC) 🟡 CFTC EUR NC Net Positions (19:30 UTC) SESSION OUTLOOK London open may trigger lower wick tests toward 1.625. Watch CFTC data for positioning shifts affecting AUD-EUR correlation. PRO UNLOCKS Entry 1.6245 | SL 1.6345 | TP1 1.6175 | TP2 1.6111 | FVG 1.627–1.6255 | Liquidity sweep 1

Key Levels

R: 1.63000 · 1.63500 · 1.63835

S: 1.62500 · 1.62000 · 1.61110