EURAUD London briefing — 2026-09-16

BIAS BULLISH. H1 EMA bullish while H4 neutral and D1 neutral creates mixed signals; RSI 56.61 supports upside bias without overbought pressure. KEY LEVELS R: 1.625, 1.62518, 1.63 | S: 1.62, 1.615, 1.60531 NEWS 🟡 Industrial Production s.a. (MoM) EUR — Wed 09:00 UTC 🟡 Industrial Production w.d.a. (YoY) EUR — Wed 09:00 UTC 🟡 Labor Cost Index EUR — Wed 09:00 UTC SESSION OUTLOOK Watch EUR data at 09:00 for directional catalyst. Hold above 1.62 support to confirm H1 bullish structure through London open.

Key Levels

R: 1.62500 · 1.62518 · 1.63000

S: 1.62000 · 1.61500 · 1.60531