EURAUD London briefing — 2026-10-06

BIAS BEARISH. D1 + H4 + H1 EMA alignment combined with bearish H4 and H1 fair value gaps drive this bias. KEY LEVELS R: 1.61, 1.615, 1.6335 | S: 1.60685, 1.605, 1.6 NEWS 🔴 Retail Sales YoY (EUR) 09:00 UTC 🟡 Retail Sales MoM (EUR) 09:00 UTC 🟡 ECB Cipollone speech 13:00 UTC SESSION OUTLOOK EUR retail data and Cipollone remarks risk volatility around support. Watch 1.605–1.6 zone for seller conviction into London close.

Key Levels

R: 1.61000 · 1.61500 · 1.63350

S: 1.60685 · 1.60500 · 1.60000