EURAUD NEWYORK SETUPEuro vs Australian DollarICMARKETS:EURAUDShavyfxhubEURAUD 3H Chart Analysis – Shavyfxhub Strategy + Fundamentals 1. Chart Structure (Shavyfxhub Style) Key Levels: Supply Roof: Clear resistance zone around 1.6390 (red horizontal + descending trendline). Demand Zones: Multiple green demand floors and rising trendlines lower (around 1.6320 – 1.6260 area). Price is currently consolidating near 1.6354 – 1.6365. Structure Notes: Price is trading inside a descending channel after rejecting higher levels. Several “SS” (Strength of Structure) points and circled reaction zones are marked. The chart shows potential for a bounce from current demand, but the overall short-term structure remains under the supply roof. Directional Bias: Bullish scenario: Strong hold above the current demand and a break above 1.6390 opens the path higher. Bearish scenario: Failure to hold demand and a break lower targets the next demand floors toward 1.6260 and below. 2. Central Bank Heads ECB (Eurozone): President Christine Lagarde RBA (Australia): Governor Michele Bullock 3. Next Monetary Policy Meetings Central Bank,Next Meeting Date ECB,9–10 September 2026 RBA,11 August 2026 4. Interest Rates & Differential .Central Bank,Key Rate,Level ECB,Deposit Rate,2.25% RBA,Cash Rate,4.35% Interest Rate Differential: Australia is higher by approximately 2.10%. This continues to favour the Australian Dollar (positive carry for long AUD / short EUR). 5. 10-Year Bond Yields Market,Approx. 10Y Yield Eurozone (EU10Y),~3.57% Australia (AU10Y),~4.94% Bond Yield Differential: Australia is higher by roughly 1.35% – 1.40%. Summary: Technically, EURAUD is at a decision point under a clear Supply Roof at 1.6390. Fundamentally, the interest rate and bond yield differentials still strongly favour the Australian Dollar. The next major catalyst is the RBA meeting on 11 August 2026.