EURAUD London briefing — 2026-10-29

BIAS BEARISH. D1 + H4 + H1 trend alignment, H4 and H1 fair value gaps, and lows sweep create downside pressure despite neutral RSI. KEY LEVELS R: 1.585, 1.59, 1.62642 | S: 1.58, 1.57766, 1.575 NEWS 🟡 Business Climate (EUR) 10:00 UTC 🟡 Consumer Confidence (EUR) 10:00 UTC 🟡 Economic Sentiment Indicator (EUR) 10:00 UTC SESSION OUTLOOK Three medium-impact EUR data prints at London open risk volatility. Watch 1.58 support; break below targets 1.57766.

Key Levels

R: 1.58500 · 1.59000 · 1.62642

S: 1.58000 · 1.57766 · 1.57500