EURAUD London briefing — 2026-07-28

BIAS BEARISH. Daily structure bearish; RSI neutral but H1/H4 EMA divergence lacks conviction on intraday strength. KEY LEVELS R: 1.635, 1.64, 1.65016 | S: 1.63, 1.625, 1.6236 NEWS 🔴 AUD CPI (YoY) Wed 01:30 UTC 🟡 AUD CPI (MoM) Wed 01:30 UTC 🟡 AUD CPI (QoQ) Wed 01:30 UTC SESSION OUTLOOK London sets tone pre-RBA inflation data. Watch holds above 1.63; break below targets 1.625 support. PRO UNLOCKS Entry zones, SL placement, TP cascades, liquidity sweeps, FVG alignments—unlock with Pro.

Key Levels

R: 1.63500 · 1.64000 · 1.65016

S: 1.63000 · 1.62500 · 1.62360