EURAUD London briefing — 2026-08-11

BIAS BEARISH. H4 and H1 EMAs aligned downtrend; D1 structure confirms; RSI neutral (47.37) leaves room for momentum confirmation on break below 1.635. KEY LEVELS R: 1.645, 1.65037 | S: 1.635, 1.63, 1.6236 NEWS 🟡 AUD Consumer Inflation Expectations — Thu 13 Aug, 01:00 UTC (MEDIUM) SESSION OUTLOOK London session tests support at 1.635. Watch for AUD data reaction Thu morning. Consolidation likely before directional commitment.

Key Levels

R: 1.64000 · 1.64500 · 1.65037

S: 1.63500 · 1.63000 · 1.62360