EURUSD Asia briefing — 2026-07-23

BIAS BEARISH. D1 structure confirms downtrend; H1 bearish diverges from H4 neutral, signaling short-term weakness despite RSI staying range-bound. KEY LEVELS R: 1.145, 1.14818, 1.15 | S: 1.14, 1.1378, 1.135 NEWS 🔴 ECB Main Refinancing Operations Rate (Thu 12:15 UTC) 🔴 ECB Monetary Policy Statement (Thu 12:15 UTC) 🔴 ECB Rate On Deposit Facility (Thu 12:15 UTC) SESSION OUTLOOK ECB decisions dominate; expect volatility spike at 12:15 UTC. Watch if EUR holds above 1.14 or breaks lower into support on hawkish/dovish surprise. PRO UNLOCKS Precise entries, stops, targets, FVG liquidity zones, and

Key Levels

R: 1.14500 · 1.14818 · 1.15000

S: 1.14000 · 1.13780 · 1.13500