EURAUD London briefing — 2026-07-16

BIAS BEARISH. Daily structure confirms downtrend; H4 EMA bearish aligns, though H1 neutral creates minor divergence. RSI at 46 supports weakness without oversold extremes. KEY LEVELS R: 1.64, 1.645, 1.66198 | S: 1.635, 1.63301, 1.63 NEWS 🟡 EUR Trade Balance (n.s.a./s.a.) Thu 09:00 UTC [LOW impact] SESSION OUTLOOK London open tests 1.635 support. Light EUR data offers no directional catalyst; focus on structure hold below 1.64 resistance. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 1.64000 · 1.64500 · 1.66198

S: 1.63500 · 1.63301 · 1.63000