EURUSD Asia briefing — 2026-05-06

BIAS BULLISH. H4 EMA bullish structure dominates despite neutral D1; RSI neutral allows upside continuation. KEY LEVELS R: 1.175, 1.18, 1.18488 | S: 1.17, 1.1656, 1.165 NEWS 🟡 ECB Lane speech (Wed 08:00 UTC) 🟡 HCOB Composite PMI (Wed 08:00 UTC) 🟡 HCOB Services PMI (Wed 08:00 UTC) SESSION OUTLOOK Asia session quiet before Wednesday's ECB data. Watch 1.175 resistance; holds bias bullish. Lane speech tone crucial for EUR direction into London open. PRO UNLOCKS Entry 1.1725 | SL 1.1665 | TP1 1.1785 | TP2 1.1845 | FVG

Key Levels

R: 1.17500 · 1.18000 · 1.18488

S: 1.17000 · 1.16560 · 1.16500