EURAUD London briefing — 2026-08-17

BIAS BEARISH — D1 structure weak; H4/H1 EMAs aligned downside; RSI neutral doesn't contradict lower momentum. KEY LEVELS R: 1.63, 1.635, 1.65037 | S: 1.62554, 1.625, 1.62 NEWS 🟡 ECB Lane speech (Mon 09:30 UTC) 🟡 Westpac Consumer Confidence (Tue 00:30 UTC) 🟡 ZEW Sentiment (Tue 09:00 UTC) SESSION OUTLOOK London opens near 1.6297 with bearish technicals intact. ECB commentary could trigger EUR volatility; watch support holds through London close.

Key Levels

R: 1.63000 · 1.63500 · 1.65037

S: 1.62554 · 1.62500 · 1.62000