EURUSD Asia briefing — 2026-06-01

BIAS BEARISH. D1 structure neutral but RSI mid-range (52.52) lacks upside conviction; H4/H1 divergence reinforces sellers' control on shorter timeframes. KEY LEVELS R: 1.17, 1.17429, 1.175 | S: 1.165, 1.16, 1.15774 NEWS 🔴 Fed Powell speech Mon 01 Jun 00:30 UTC | 🟡 HCOB Manufacturing PMI Mon 01 Jun 08:00 UTC | 🟡 M3 Money Supply Mon 01 Jun 08:00 UTC SESSION OUTLOOK Powell's comments may drive USD strength pre-Asia close. Watch 1.165 support; break below opens 1.16 target. Euro data low-impact. PRO UNLOCKS Entry at FVG/liquidity zone, SL above R2, TP

Key Levels

R: 1.17000 · 1.17429 · 1.17500

S: 1.16500 · 1.16000 · 1.15774