EURUSD Asia briefing — 2026-05-07

BIAS BULLISH — D1 structure bullish, H4/H1 EMA aligned upward, RSI neutral supports continuation. KEY LEVELS R: 1.175, 1.17969, 1.18 | S: 1.17, 1.1656, 1.165 NEWS 🟡 De Guindos speech (EUR) 07:15 UTC 🔴 Retail Sales YoY (EUR) 09:00 UTC 🟡 Retail Sales MoM (EUR) 09:00 UTC SESSION OUTLOOK Watch De Guindos remarks for ECB guidance; retail data at 09:00 UTC critical for EUR direction. Bulls need 1.175 hold for momentum extension. PRO UNLOCKS Entry zone, SL placement, TP targets, FVG identification, liquidity sweeps — unlock with Pro subscription.

Key Levels

R: 1.17500 · 1.17969 · 1.18000

S: 1.17000 · 1.16560 · 1.16500