EURAUD London briefing — 2026-07-22

BIAS BEARISH. H4 and H1 EMAs aligned downside; RSI neutral at 41 confirms no oversold bounce imminent; D1 structure offers no support for reversal. KEY LEVELS R: 1.63, 1.635, 1.65347 | S: 1.62582, 1.625, 1.62 NEWS 🔴 Employment Change s.a. (AUD) — Thu 23 Jul, 01:30 UTC 🟡 Full-Time Employment (AUD) — Thu 23 Jul, 01:30 UTC 🟡 Part-Time Employment (AUD) — Thu 23 Jul, 01:30 UTC SESSION OUTLOOK London opens into a bearish structure with AUD employment data overnight. Watch 1.63 resistance rejection; breakdown to 1.62 zone targets liquidity. PRO UNLOCKS Entry, SL

Key Levels

R: 1.63000 · 1.63500 · 1.65347

S: 1.62582 · 1.62500 · 1.62000