EURAUD New York briefing — 2026-05-11

BIAS BEARISH — H4 and H1EMAs aligned downward; RSI neutral supports continuation lower from D1 structure. KEY LEVELS R: 1.63, 1.635, 1.64337 | S: 1.625, 1.62, 1.61842 NEWS 🟡 Westpac Consumer Confidence (AUD) Tue 12 May 00:30 UTC 🟡 NAB Business Conditions/Confidence (AUD) Tue 12 May 01:30 UTC SESSION OUTLOOK AUD strength risk post-data could test resistance; watch 1.625 support hold through NY close. Bearish structure intact unless Westpac surprises upside. PRO UNLOCKS Entry 1.6235, SL 1.6340, TP1 1.6185, TP2 1.6142 — FVG 1

Key Levels

R: 1.63000 · 1.63500 · 1.64337

S: 1.62500 · 1.62000 · 1.61842