EURAUD London briefing — 2026-09-18

BIAS BEARISH. D1 + H4 + H1 EMA alignment drives downside; RSI neutral supports continuation without oversold bounce risk. KEY LEVELS R: 1.615, 1.62, 1.62518 | S: 1.61, 1.60531, 1.605 NEWS 🟡 EUR Current Account n.s.a & s.a (08:00 UTC) 🟡 EUR Construction Output s.a (09:00 UTC) SESSION OUTLOOK London opens into low-impact EUR data; watch holds below 1.615. H1/H4 FVGs bullish but trend framework bearish—confluence risk at support cluster.

Key Levels

R: 1.61500 · 1.62000 · 1.62518

S: 1.61000 · 1.60531 · 1.60500