EURUSD Asia briefing — 2026-07-31

BIAS NEUTRAL. H4/H1 EMAs bullish, but RSI at 75.35 (overbought) and daily structure neutral create conflicting signals—pullback risk outweighs momentum. KEY LEVELS R: 1.15363, 1.155, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🔴 Core CPI (MoM/YoY) & CPI (MoM) — EUR — Fri 09:00 UTC SESSION OUTLOOK CPI prints drive volatility; watch for breakout above 1.15363 or rejection into support. Overbought conditions favor pullback scenarios into ASIA.

Key Levels

R: 1.15363 · 1.15500 · 1.16000

S: 1.15000 · 1.14500 · 1.13542