EURAUD New York briefing — 2026-08-18

BIAS BEARISH. H4/H1 EMAs aligned downtrend, D1 structure bearish, RSI 32.51 neutral but price holding below resistance confirms weakness. KEY LEVELS R: 1.63, 1.635, 1.65037 | S: 1.62554, 1.625, 1.62 NEWS 🔴 ECB President Lagarde speech Wed 19 Aug 07:10 UTC (EUR volatility expected) 🟡 AUD Wage Price Index (QoQ/YoY) Wed 19 Aug 01:30 UTC SESSION OUTLOOK NY session likely consolidative ahead of overnight data. Watch 1.63 resistance rejection; any close below 1.625 extends bearish structure into Asia.

Key Levels

R: 1.63000 · 1.63500 · 1.65037

S: 1.62554 · 1.62500 · 1.62000