EURAUD London briefing — 2026-07-24

BIAS BEARISH — H4/H1 EMAs aligned downward; RSI neutral avoids false reversal signals; D1 structure offers no bullish confirmation yet. KEY LEVELS R: 1.635, 1.64, 1.65164 | S: 1.63, 1.62582, 1.625 NEWS 🔴 HCOB Composite PMI (EUR) — Fri 24 Jul 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — Fri 24 Jul 08:00 UTC 🔴 HCOB Services PMI (EUR) — Fri 24 Jul 08:00 UTC SESSION OUTLOOK Three high-impact EUR PMIs arrive early London. Watch for volatility spike; weak data pressures EUR lower, supporting bearish bias toward 1.63 support. PRO UNLOCKS Entry, SL

Key Levels

R: 1.63500 · 1.64000 · 1.65164

S: 1.63000 · 1.62582 · 1.62500