EURAUD London briefing — 2026-06-01

BIAS BEARISH. H4/H1 EMAs aligned downtrend, D1 structure confirms lower, RSI neutral avoids overbought trap. KEY LEVELS R: 1.625, 1.63, 1.63835 | S: 1.62, 1.615, 1.6111 NEWS 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC 🟡 M3 Money Supply (EUR) 08:00 UTC SESSION OUTLOOK Low-impact data unlikely to spark reversal. Watch 1.625 rejection; support tests define trend continuation. PRO UNLOCKS Entry 1.6215, SL 1.6295, TP 1.615/1.6111, FVG 1.6180–1.6240, liquidity sweep 1.63—unlock with Pro

Key Levels

R: 1.62500 · 1.63000 · 1.63835

S: 1.62000 · 1.61500 · 1.61110