EURAUD London briefing — 2026-08-31

BIAS BEARISH. D1 structure bearish; H4 EMA bearish supports downside despite H1 neutral and RSI at midpoint—divergence suggests caution but daily bias intact. KEY LEVELS R: 1.62, 1.625, 1.64454 | S: 1.615, 1.61, 1.60531 NEWS 🟡 S&P Global Manufacturing PMI (AUD) Mon 23:00 UTC 🟡 Building Permits MoM (AUD) Tue 01:30 UTC SESSION OUTLOOK Watch 1.62 resistance; PMI data may trigger volatility into London close. Support at 1.615 critical if sellers falter.

Key Levels

R: 1.62000 · 1.62500 · 1.64454

S: 1.61500 · 1.61000 · 1.60531