EURAUD New York briefing — 2026-05-18

BIAS BEARISH — D1 neutral structure confirms lower timeframe rejection; RSI at 50 lacks conviction; H4/H1 divergence signals potential breakdown. KEY LEVELS R: 1.63, 1.635, 1.64235 | S: 1.625, 1.62, 1.6111 NEWS 🔴 RBA Meeting Minutes — Tue 19 May, 01:30 UTC 🟡 Westpac Consumer Confidence — Tue 19 May, 00:30 UTC 🟡 EUR Trade Balance n.s.a. — Tue 19 May, 09:00 UTC SESSION OUTLOOK RBA Minutes dominate; hawkish surprise could spike AUD, testing 1.63 resistance. Watch break below 1.625 for acceleration lower. PRO UNLOCKS Entry zones, SL placement, TP clusters, liquidity swe

Key Levels

R: 1.63000 · 1.63500 · 1.64235

S: 1.62500 · 1.62000 · 1.61110