EURAUD New York briefing — 2026-05-06

BIAS BEARISH — D1 structure confirmed by aligned H4/H1 EMAs; RSI neutral but price below resistance cluster. KEY LEVELS R: 1.625, 1.63, 1.6503 | S: 1.62, 1.61842, 1.615 NEWS 🔴 Trade Balance (MoM) Thu 07 May 01:30 UTC 🟡 Exports (MoM) Thu 07 May 01:30 UTC 🟡 Imports (MoM) Thu 07 May 01:30 UTC SESSION OUTLOOK NY session starts with AUD data overnight; watch 1.625 rejection. Bears control structure; support holds bias intact. PRO UNLOCKS Entry 1.624 | SL 1.6505 | TP1 1.620 | TP2 1.615 | FVG

Key Levels

R: 1.62500 · 1.63000 · 1.65030

S: 1.62000 · 1.61842 · 1.61500