EURAUD London briefing — 2026-10-28

BIAS BEARISH. D1+H4+H1 trend consensus, RSI oversold at 25.96, H4 and H1 fair value gaps all aligned downward. KEY LEVELS R: 1.585, 1.59, 1.63266 | S: 1.58, 1.57791, 1.575 NEWS 🟡 Export Price Index QoQ (AUD) Thu 29 Oct 00:30 UTC 🟡 Import Price Index QoQ (AUD) Thu 29 Oct 00:30 UTC 🟡 Business Climate (EUR) Thu 29 Oct 10:00 UTC SESSION OUTLOOK Watch for AUD data impact near London open; EUR Business Climate mid-session. Bearish structure targets support on oversold conditions.

Key Levels

R: 1.58500 · 1.59000 · 1.63266

S: 1.58000 · 1.57791 · 1.57500