EURAUD London briefing — 2026-09-08

BIAS BEARISH — H4/H1 EMAs aligned downward; RSI 39 neutral-to-weak; D1 structure neutral but lower timeframes control London session momentum. KEY LEVELS R: 1.615, 1.62, 1.64454 | S: 1.61, 1.60531, 1.605 NEWS 🟡 ECB Elderson speech — Tue 15:00 UTC 🔴 ECB Lagarde speech — Wed 17:00 UTC 🟡 AUD Consumer Inflation Expectations — Thu 01:00 UTC SESSION OUTLOOK Elderson speech may add EUR volatility mid-session. Watch holds above 1.61 support; break below signals extension toward 1.605.

Key Levels

R: 1.61500 · 1.62000 · 1.64454

S: 1.61000 · 1.60531 · 1.60500