EURAUD London briefing — 2026-06-16

BIAS BEARISH. Daily structure bearish; H4 EMA bullish conflicts with H1 neutral and RSI 51.9 mid-range, but lower timeframe divergence and D1 bias favor downside. KEY LEVELS R: 1.645, 1.65, 1.65174 | S: 1.64, 1.635, 1.61919 NEWS 🟡 Labor Cost Index (EUR) 09:00 UTC 🟡 ZEW Economic Sentiment (EUR) 09:00 UTC 🟡 ECB Escrivá speech 10:55 UTC SESSION OUTLOOK Watch ZEW and Labor data for EUR momentum; Escrivá speech could amplify moves. Bears targeting support if data disappoints. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci — unlock with Pro

Key Levels

R: 1.64500 · 1.65000 · 1.65174

S: 1.64000 · 1.63500 · 1.61919