EURAUD London briefing — 2026-10-21

BIAS BEARISH. D1 + H4 + H1 trend alignment combined with bearish H4 and H1 fair value gaps override neutral RSI(14). KEY LEVELS R: 1.6, 1.605, 1.6335 | S: 1.595, 1.59343, 1.59 NEWS 🔴 Lagarde speech 16:30 UTC 🟡 Nagel speech 07:15 UTC 🟡 Cipollone speech 08:00 UTC SESSION OUTLOOK ECB speakers dominate. Watch for EUR volatility around Lagarde at London close; bearish structure intact unless 1.6 breaks decisively.

Key Levels

R: 1.60000 · 1.60500 · 1.63350

S: 1.59500 · 1.59343 · 1.59000