EURAUD London briefing — 2026-08-18

BIAS BEARISH. H4 and H1 EMAs aligned downtrend; RSI neutral at 42 provides no bounce signal; D1 structure confirms lower bias. KEY LEVELS R: 1.635, 1.64, 1.65037 | S: 1.63, 1.62554, 1.625 NEWS 🟡 ZEW Sentiment (EUR) 09:00 UTC | 🟡 Lane Speech (ECB) 11:45 UTC | 🟡 Wage Price Index (AUD) Wed 01:30 UTC SESSION OUTLOOK ZEW and Lane event risk could spike volatility into London. Watch 1.635 resistance hold; break below 1.63 opens 1.62554 target.

Key Levels

R: 1.63500 · 1.64000 · 1.65037

S: 1.63000 · 1.62554 · 1.62500