EURAUD London briefing — 2026-07-15

BIAS BEARISH. H4/H1 EMAs aligned downtrend; RSI oversold at 27.95 confirms momentum exhaustion; D1 structure remains bearish. KEY LEVELS R: 1.64, 1.645, 1.66198 | S: 1.63514, 1.635, 1.63 NEWS 🟡 ECB Panetta speech (Wed 08:40 UTC) 🟡 EU Industrial Production MoM (Wed 09:00 UTC) SESSION OUTLOOK Monitor ECB commentary for EUR volatility into London open. Oversold conditions may trigger relief bounces toward 1.64 resistance before resuming downtrend. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep, Fibonacci levels — unlock with Pro

Key Levels

R: 1.64000 · 1.64500 · 1.66198

S: 1.63514 · 1.63500 · 1.63000