EURAUD New York briefing — 2026-05-08

BIAS BEARISH. D1 structure dominates despite H4/H1 divergence; RSI neutral supports downside continuation. KEY LEVELS R: 1.635, 1.6503 | S: 1.625, 1.62, 1.61842 NEWS 🟡 ECB Schnabel speech 16:00 UTC 🟡 ECB Nagel speech 16:15 UTC 🟡 CFTC AUD NC Net Positions 19:30 UTC SESSION OUTLOOK ECB speeches may pressure EUR. Watch 1.625 support; break triggers acceleration lower. CFTC data secondary catalyst for AUD directional shift. PRO UNLOCKS Entry: 1.62533 short | SL: 1.635 | TP1: 1.62 | TP2: 1.61842 | FVG: 1.628–1

Key Levels

R: 1.63000 · 1.63500 · 1.65030

S: 1.62500 · 1.62000 · 1.61842