EURAUD London briefing — 2026-10-12

BIAS BEARISH. Trend vote (D1 + H4 + H1 EMAs aligned), H4 and H1 fair value gaps, and D1 structure all reinforce downside; liquidity sweep of lows provides initial resistance to momentum. KEY LEVELS R: 1.605, 1.61, 1.6335 | S: 1.60221, 1.6, 1.595 NEWS 🟡 ECB Vujčić speech (EUR) Mon 12 Oct 10:00 UTC SESSION OUTLOOK Watch for ECB rhetoric impact on EUR weakness. Support holds remain critical; sweep recovery may stall at resistance before continuation lower.

Key Levels

R: 1.60500 · 1.61000 · 1.63350

S: 1.60221 · 1.60000 · 1.59500