EURAUD London briefing — 2026-10-20

BIAS BEARISH. H4 and H1 fair value gaps combined with bearish H4 EMA structure override neutral trend vote and RSI. KEY LEVELS R: 1.61, 1.615, 1.6335 | S: 1.605, 1.6, 1.59343 NEWS 🟡 Current Account n.s.a (EUR) 08:00 UTC 🟡 Current Account s.a (EUR) 08:00 UTC 🟡 Construction Output s.a (EUR) 09:00 UTC SESSION OUTLOOK Weak EU data supports downside bias. Watch for fills into 1.605–1.6 support zone during London morning volatility.

Key Levels

R: 1.61000 · 1.61500 · 1.63350

S: 1.60500 · 1.60000 · 1.59343