EURAUD London briefing — 2026-10-08

BIAS BEARISH. Trend vote (D1 + EMA H4 + EMA H1) and both H4 and H1 fair value gaps align downward; RSI neutral supports continuation without reversal signal. KEY LEVELS R: 1.615, 1.62, 1.6335 | S: 1.61, 1.605, 1.60496 NEWS 🔴 ECB Monetary Policy Meeting Accounts (Thu 11:30 UTC) 🟡 ECB Lane speech (Thu 10:00 UTC) SESSION OUTLOOK ECB accounts release is the high-impact catalyst; watch for EUR strength/weakness reaction. Bearish bias favors probes toward support on any volatility dips.

Key Levels

R: 1.61500 · 1.62000 · 1.63350

S: 1.61000 · 1.60500 · 1.60496