EURAUD London briefing — 2026-06-23

BIAS BEARISH. D1 structure bearish; RSI neutral (66.35) prevents overbought confirmation, but H4 bullish vs H1 neutral divergence suggests weakening upside momentum into London. KEY LEVELS R: 1.645, 1.65, 1.65174 | S: 1.64, 1.635, 1.62558 NEWS 🔴 HCOB Composite PMI (EUR) — 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — 08:00 UTC 🟡 ECB Escrivá speech (EUR) — 08:00 UTC SESSION OUTLOOK PMI cluster at London open critical for EUR volatility. Weak data supports bearish thesis; strong data risks short-squeeze toward 1.645. PRO UNLOCKS Entry targets, stops, take-profits, FVG zones, liquidity

Key Levels

R: 1.64500 · 1.65000 · 1.65174

S: 1.64000 · 1.63500 · 1.62558