EURAUD London briefing — 2026-09-01

BIAS BEARISH. D1 structure confirms downside; H4 EMA bearish aligns with daily bias despite H1 neutrality and RSI at midpoint. KEY LEVELS R: 1.62, 1.625, 1.64454 | S: 1.615, 1.61, 1.60531 NEWS 🔴 Core CPI MoM & YoY (EUR) 09:00 UTC 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC SESSION OUTLOOK High-impact inflation data may spike volatility. Watch support hold at 1.615; breaks below trigger acceleration toward 1.61.

Key Levels

R: 1.62000 · 1.62500 · 1.64454

S: 1.61500 · 1.61000 · 1.60531