EURAUD London briefing — 2026-08-21

BIAS BULLISH — H4 EMA bullish despite H1 neutrality and RSI mid-range; D1 neutral holds without rejection. KEY LEVELS R: 1.64, 1.645, 1.65037 | S: 1.635, 1.63, 1.62554 NEWS 🔴 HCOB Composite PMI (EUR) — Fri 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — Fri 08:00 UTC 🔴 HCOB Services PMI (EUR) — Fri 08:00 UTC SESSION OUTLOOK Three major EUR PMI releases at London open risk volatility; watch for breakout confirmation above 1.64 or rejection into support clusters. H1 neutrality requires price structure confirmation before commits.

Key Levels

R: 1.64000 · 1.64500 · 1.65037

S: 1.63500 · 1.63000 · 1.62554