EURAUD New York briefing — 2026-08-17

BIAS BEARISH. RSI deeply oversold (29.12) with aligned bearish EMAs (H4/H1) and D1 structure confirms downside continuation despite oversold bounce risk. KEY LEVELS R: 1.63, 1.635, 1.65037 | S: 1.62554, 1.625, 1.62 NEWS 🟡 Westpac Consumer Confidence (AUD) – Tue 00:30 UTC 🟡 ZEW Economic Sentiment (EUR) – Tue 09:00 UTC 🟡 ECB Lane Speech (EUR) – Tue 11:45 UTC SESSION OUTLOOK NY session lacks major volatility catalysts; monitor overnight AUD data. ZEW and Lane speech post-NY may spark EUR reaction into Wednesday Asia.

Key Levels

R: 1.63000 · 1.63500 · 1.65037

S: 1.62554 · 1.62500 · 1.62000