EURAUD London briefing — 2026-10-02

BIAS BULLISH. D1 structure, H4 EMA, and H1 EMA alignment combined with bullish H4 fair value gaps drive upside, despite neutral RSI and bearish H1 FVGs. KEY LEVELS R: 1.625, 1.63, 1.6335 | S: 1.62, 1.615, 1.60794 NEWS 🔴 Core CPI MoM/YoY (EUR) 09:00 UTC 🟡 Cipollone speech (EUR) 07:30 UTC SESSION OUTLOOK High-impact CPI data at 09:00 UTC drives volatility; watch H1 reaction around 1.625 resistance. Bullish bias holds if price holds above 1.62 support.

Key Levels

R: 1.62500 · 1.63000 · 1.63350

S: 1.62000 · 1.61500 · 1.60794