EURAUD London briefing — 2026-10-15

BIAS BEARISH. D1 structure + H4 EMA + H1 EMA convergence drives directional bias despite bullish FVG zones offering pullback resistance. KEY LEVELS R: 1.615, 1.62, 1.6335 | S: 1.61, 1.605, 1.59343 NEWS 🟡 EUR Industrial Production (MoM s.a.) – Thu 09:00 UTC 🟡 ECB Nagel speech – Fri 02:30 UTC SESSION OUTLOOK Industrial data arrives early London. Watch holds above 1.61 support; H1/H4 FVGs may cap rallies into resistance.

Key Levels

R: 1.61500 · 1.62000 · 1.63350

S: 1.61000 · 1.60500 · 1.59343