EURAUD London briefing — 2026-06-03

BIAS BEARISH. H4/H1 EMAs aligned downward, D1 structure confirms weakness; RSI neutral at 45.85 avoids overbought rejection. KEY LEVELS R: 1.625, 1.63, 1.63835 | S: 1.62, 1.615, 1.6149 NEWS 🟡 HCOB Composite PMI (EUR) — Wed 08:00 UTC 🟡 Producer Price Index MoM (EUR) — Wed 09:00 UTC SESSION OUTLOOK PMI data may trigger volatility around support zones. Watch 1.62 hold; break below targets 1.615 continuation. PRO UNLOCKS Entry, SL, TP1, TP2, FVG, liquidity sweeps, Fibonacci clusters — unlock with Pro

Key Levels

R: 1.62500 · 1.63000 · 1.63835

S: 1.62000 · 1.61500 · 1.61490